Quarterly Dividend Increases for the 35Th
Consecutive Year, Reflecting Strong Cash Flows and Confidence for 2019
Company Website:
http://www.att.com
DALLAS -- (Business Wire)
The board of directors of AT&T
Inc.* (NYSE:
T) has approved a 2.0% increase in the company’s quarterly dividend.
AT&T’s quarterly dividend will increase from $0.50 to $0.51 per share.
The annual dividend will increase from $2.00 to $2.04 per share.
“Our healthy cash flows and strong outlook for 2019 give us the
confidence to raise our dividend for the 35th consecutive
year. The dividend is an important way we provide value to our
shareholders, and I’m proud that we are able to continue our history of
annual increases,” said Randall Stephenson, chairman and CEO, AT&T Inc.
The dividend is payable on Feb. 1, 2019, to stockholders of record at
the close of business on Jan. 10, 2019.
*About AT&T
AT&T Inc. (NYSE:T)
is a diversified, global leader in telecommunications, media and
entertainment, and technology. It executes in the market under four
operating units. WarnerMedia’s HBO, Turner and Warner Bros. divisions
are world leaders in creating premium content, operate one of the
world’s largest TV and film studios, and own a world-class library of
entertainment. AT&T Communications provides more than 100 million U.S.
consumers with entertainment and communications experiences across TV,
mobile and broadband services. Plus, it serves more than 3 million
business customers with high-speed, highly secure connectivity and smart
solutions. AT&T Latin America provides pay-TV services across 11
countries and territories in Latin America and the Caribbean, and is the
fastest growing wireless provider in Mexico, serving consumers and
businesses. Xandr provides marketers with innovative and relevant
advertising solutions for consumers around premium video content and
digital advertising through its AppNexus platform.
AT&T products and services are provided or offered by subsidiaries and
affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
Additional information is available at about.att.com. © 2018 AT&T
Intellectual Property. All rights reserved. AT&T, the Globe logo and
other marks are trademarks and service marks of AT&T Intellectual
Property and/or AT&T affiliated companies. All other marks contained
herein are the property of their respective owners.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates
and other forward-looking statements that are subject to risks and
uncertainties, and actual results might differ materially. A discussion
of factors that may affect future results is contained in AT&T’s filings
with the Securities and Exchange Commission. AT&T disclaims any
obligation to update and revise statements contained in this news
release based on new information or otherwise.
This news release may contain certain non-GAAP financial measures.
Reconciliations between the non-GAAP financial measures and the GAAP
financial measures are available on the company’s website at https://investors.att.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181213005979/en/
Contacts:
Erin McGrath
AT&T Inc.
Phone: (214) 862-0651
Email: erin.mcgrath@att.com
Source: AT&T Inc.
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