AT&T declares fresh quarterly dividend, shares offer near 5 percent yield

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 17:23.

AT&T Inc. (US00206R1023) has approved its next common-stock dividend. The New York Stock Exchange-listed S&P 500 member set a quarterly payout of 0.2775 US dollars per share, according to a release summary cited by Investing.com. The distribution is scheduled for August 6, 2026 to shareholders of record on July 10, 2026.

What the dividend decision shows

The 0.2775 dollar dividend implies an annualized payout of 1.11 dollars per common share, broadly consistent with the current indicated dividend on major quote services. At a share price a little above 22 dollars on the NYSE, that translates into a cash yield close to 5 percent for AT&T shareholders.

In parallel, the board also authorized quarterly dividends on several preferred series. According to the Investing.com summary of the company communication, the 5 percent Perpetual Preferred, Series A, will pay 3.125 dollars per preferred share, while the 4.75 percent Perpetual Preferred, Series C, will pay 2.96875 dollars per preferred share, with both preferred payouts aligned to the same July 10, 2026 record date.

Analyst views and valuation backdrop

AT&T’s dividend decision comes against a backdrop of a relatively low earnings multiple and a still-elevated yield. A detailed quote snapshot from FinancialContent shows the stock at 22.37 dollars in early NYSE trading on June 25, 2026, with a trailing price-earnings ratio around 7.3 and an indicated dividend of approximately 1.11 dollars per share. That level implies a dividend yield near 5 percent, underlining the income focus of the shares.

Recent commentary compiled by Investing.com notes that Oppenheimer has revised AT&T’s rating to a more cautious stance, lowering its view on the stock from Outperform to Perform because of concerns that intensifying competition from satellite-based low Earth orbit constellations could weigh on broadband and mobile growth prospects. This shift highlights that while the dividend remains robust, some analysts are focusing on structural challenges in parts of AT&T’s market.

The product behind the stock

AT&T generates most of its revenue from communications services, particularly its mobility, broadband and fiber offerings for US consumers and businesses. In the wireless segment, branded AT&T Unlimited plans and other postpaid tariffs anchor recurring service income, while fiber internet subscriptions contribute growing broadband cash flows in key metropolitan markets.

Where the stock trades today

The AT&T shares (US00206R1023) trade on the NYSE at 22.37 US dollars as of 2026-06-25, 07:02 Eastern time, based on FinancialContent quote data.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. All data are based on sources cited and are subject to change.