AT&T Inc

NYSE : T
USA·Communication Services·Telecommunication Services·Ordinary Shares
$23.44
+0.31 (+1.26%)Oct 16 close
Market Cap
$164.09B
Enterprise Value
$327.41B
P/E (TTM)
7.76
P/B
1.46
Net Cash / (Debt)
−$145.32B
52-Week Range
$20 — $29
5-Year Range
$13 — $30
Avg Volume (3M)
63.63M
ListingsNYSELIMLTSXTER
Dividend Yield (TTM)
3.55%
vs 5Y avg 6.34% · 10Y avg 7.22%
Dividend Yield (Forward)
4.74%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.8325
Forward (annualized): $1.11
Payout Ratio (EPS, TTM)
36.8%
Payout Ratio (FCF, TTM)
44.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y-6.4%5Y-11.8%10Y-5.1%
Consecutive Growth Years
0
as of 2025
Years Without a Cut
2
as of 2025
Total Shareholder Yield (TTM)
9.38%
Div 4.70% + Net buyback 4.68%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
9.4%
Dividends 4.7% + Net buybacks 4.7%
Net Buyback (TTM)
$7.99B
Gross $7.99B − Issuance $5M
SBC (TTM)
$0
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is accelerating (0.0% latest vs -17.6% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20251.110.0%0
20241.110.0%0
20231.11-17.9%0
20221.35-35.0%0
20212.080.0%0
20202.08+2.0%1
20192.04+2.0%1
20182.00+2.0%1
20171.96+2.1%1
20161.92+2.1%1
20151.88+2.2%1
20141.84+2.2%1
20131.80+2.3%1
20121.76+2.3%1
20111.72+2.4%1

Special dividends are excluded from these figures. Based on 163 regular payments.

Payment history (166 payments · 3 special)

As declaredΔ%TypeFrequencyDeclarationRecordPay date
2026-07-10$0.2775–0.0%Cashquarterly2026-06-242026-07-102026-08-03
2026-04-10$0.2775–0.0%Cashquarterly2026-03-272026-04-102026-05-01
2026-01-12$0.2775–0.0%Cashquarterly2025-12-152026-01-122026-02-02
2025-10-10$0.2775–0.0%Cashquarterly2025-09-252025-10-102025-11-03
2025-07-10$0.2775–0.0%Cashquarterly2025-06-252025-07-102025-08-01
2025-04-10$0.2775–0.0%Cashquarterly2025-03-282025-04-102025-05-01
2025-01-10$0.2775–0.0%Cashquarterly2024-12-122025-01-102025-02-03
2024-10-10$0.2775–0.0%Cashquarterly2024-09-272024-10-102024-11-01
2024-07-10$0.2775–0.0%Cashquarterly2024-06-262024-07-102024-08-01
2024-04-09$0.2775–0.0%Cashquarterly2024-03-292024-04-102024-05-01
2024-01-09$0.2775–0.0%Cashquarterly2023-12-132024-01-102024-02-01
2023-10-06$0.2775–0.0%Cashquarterly2023-09-292023-10-102023-11-01
2023-07-07$0.2775–0.0%Cashquarterly2023-06-292023-07-102023-08-01
2023-04-06$0.2775–0.0%Cashquarterly2023-03-312023-04-102023-05-01
2023-01-09$0.2775–0.0%Cashquarterly2022-12-152023-01-102023-02-01
2022-10-06$0.2775–0.0%Cashquarterly2022-09-302022-10-102022-11-01
2022-07-08$0.2775–0.0%Cashquarterly2022-06-282022-07-112022-08-01
2022-04-13$0.2775–-46.6%Cashquarterly2022-03-252022-04-142022-05-02
2022-01-07$0.52–0.0%Cashquarterly2021-12-152022-01-102022-02-01
2021-10-07$0.52–0.0%Cashquarterly2021-09-232021-10-112021-11-01
2021-07-08$0.52–0.0%Cashquarterly2021-06-252021-07-092021-08-02
2021-04-08$0.52–0.0%Cashquarterly2021-03-262021-04-092021-05-03
2021-01-08$0.52–0.0%Cashquarterly2020-12-112021-01-112021-02-01
2020-10-08$0.52–0.0%Cashquarterly2020-09-282020-10-122020-11-02
2020-07-09$0.52–0.0%Cashquarterly2020-06-262020-07-102020-08-03
2020-04-08$0.52–0.0%Cashquarterly2020-03-272020-04-092020-05-01
2020-01-09$0.52–+2.0%Cashquarterly2019-12-132020-01-102020-02-03
2019-10-09$0.51–0.0%Cashquarterly2019-09-272019-10-102019-11-01
2019-07-09$0.51–0.0%Cashquarterly2019-06-282019-07-102019-08-01
2019-04-09$0.51–0.0%Cashquarterly2019-03-292019-04-102019-05-01
2019-01-09$0.51–+2.0%Cashquarterly2018-12-132019-01-102019-02-01
2018-10-09$0.5–0.0%Cashquarterly2018-09-292018-10-102018-11-01
2018-07-09$0.5–0.0%Cashquarterly2018-06-292018-07-102018-08-01
2018-04-09$0.5–0.0%Cashquarterly2018-03-302018-04-102018-05-01
2018-01-09$0.5–+2.0%Cashquarterly2017-12-182018-01-102018-02-01
2017-10-06$0.49–0.0%Cashquarterly2017-09-292017-10-102017-11-01
2017-07-06$0.49–0.0%Cashquarterly2017-06-302017-07-102017-08-01
2017-04-06$0.49–0.0%Cashquarterly2017-03-312017-04-102017-05-01
2017-01-06$0.49–+2.1%Cashquarterly2016-10-222017-01-102017-02-01
2016-10-05$0.48–0.0%Cashquarterly2016-09-302016-10-102016-11-01
2016-07-06$0.48–0.0%Cashquarterly2016-06-242016-07-082016-08-01
2016-04-06$0.48–0.0%Cashquarterly2016-03-252016-04-082016-05-02
2016-01-06$0.48–+2.1%Cashquarterly2015-12-182016-01-082016-02-01
2015-10-07$0.47–0.0%Cashquarterly2015-09-172015-10-092015-11-02
2015-07-08$0.47–0.0%Cashquarterly2015-06-262015-07-102015-08-03
2015-04-08$0.47–0.0%Cashquarterly2015-03-272015-04-102015-05-01
2015-01-07$0.47–+2.2%Cashquarterly2014-12-182015-01-092015-02-02
2014-10-08$0.46–0.0%Cashquarterly2014-09-262014-10-102014-11-03
2014-07-08$0.46–0.0%Cashquarterly2014-06-272014-07-102014-08-01
2014-04-08$0.46–0.0%Cashquarterly2014-03-282014-04-102014-05-01
2014-01-08$0.46–+2.2%Cashquarterly2013-12-132014-01-102014-02-03
2013-10-08$0.45–0.0%Cashquarterly2013-09-272013-10-102013-11-01
2013-07-08$0.45–0.0%Cashquarterly2013-06-292013-07-102013-08-01
2013-04-08$0.45–0.0%Cashquarterly2013-03-292013-04-102013-05-01
2013-01-08$0.45–+2.3%Cashquarterly2012-11-062013-01-102013-02-01
2012-10-05$0.44–0.0%Cashquarterly2012-10-012012-10-102012-11-01
2012-07-06$0.44–0.0%Cashquarterly2012-07-022012-07-102012-08-01
2012-04-05$0.44–0.0%Cashquarterly2012-03-312012-04-102012-05-01
2012-01-06$0.44–+2.3%Cashquarterly2011-12-172012-01-102012-02-01
2011-10-05$0.43–0.0%Cashquarterly2011-10-012011-10-102011-11-01
2011-07-06$0.43–0.0%Cashquarterly2011-06-252011-07-082011-08-01
2011-04-06$0.43–0.0%Cashquarterly2011-03-262011-04-082011-05-02
2011-01-06$0.43–+2.4%Cashquarterly2010-12-182011-01-102011-02-01
2010-10-06$0.42–0.0%Cashquarterly2010-09-252010-10-082010-11-01
2010-07-07$0.42–0.0%Cashquarterly2010-06-262010-07-092010-08-02
2010-04-07$0.42–0.0%Cashquarterly2010-03-272010-04-092010-05-03
2010-01-06$0.42–+2.4%Cashquarterly2009-12-212010-01-082010-02-01
2009-10-07$0.41–0.0%Cashquarterly2009-09-282009-10-092009-11-02
2009-07-08$0.41–0.0%Cashquarterly2009-07-012009-07-102009-08-03
2009-04-07$0.41–0.0%Cashquarterly2009-03-302009-04-092009-05-01
2009-01-07$0.41–+2.5%Cashquarterly2008-12-122009-01-092009-02-02
2008-10-08$0.4–0.0%Cashquarterly2008-09-292008-10-102008-11-03
2008-07-08$0.4–0.0%Cashquarterly2008-06-302008-07-102008-08-01
2008-04-08$0.4–0.0%Cashquarterly2008-03-282008-04-102008-05-01
2008-01-08$0.4–+12.7%Cashquarterly2007-12-102008-01-102008-02-01
2007-10-05$0.355–0.0%Cashquarterly2007-09-282007-10-102007-11-01
2007-07-06$0.355–0.0%Cashquarterly2007-06-292007-07-102007-08-01
2007-04-05$0.355–0.0%Cashquarterly2007-03-302007-04-102007-05-01
2007-01-08$0.355–+6.8%Cashquarterly2006-12-152007-01-102007-02-01
2006-10-05$0.3325–0.0%Cashquarterly2006-09-292006-10-102006-11-01
2006-07-06$0.3325–0.0%Cashquarterly2006-06-302006-07-102006-08-01
2006-04-06$0.3325–0.0%Cashquarterly2006-03-312006-04-102006-05-01
2006-01-06$0.3325–+3.1%Cashquarterly2005-12-092006-01-102006-02-01
2005-10-05$0.3225–0.0%Cashquarterly2005-09-302005-10-102005-11-01
2005-07-06$0.3225–0.0%Cashquarterly2005-06-242005-07-082005-08-01
2005-04-06$0.3225–0.0%Cashquarterly2005-02-252005-04-082005-05-02
2005-01-06$0.3225–+3.2%Cashquarterly2004-12-102005-01-102005-02-01
2004-10-06$0.3125–0.0%Cashquarterly2004-09-242004-10-082004-11-01
2004-07-07$0.3125–0.0%Cashquarterly2004-05-282004-07-102004-08-02
2004-04-06$0.3125–0.0%Cashquarterly2004-02-262004-04-102004-05-03
2004-01-07$0.3125–+10.6%Cashquarterly2003-12-122004-01-102004-02-02
2003-10-08$0.1––Special (cash)—2003-09-262003-10-102003-11-03
2003-10-08$0.2825–0.0%Cashquarterly2003-09-262003-10-102003-11-03
2003-07-08$0.2825–0.0%Cashquarterly2003-06-272003-07-102003-08-01
2003-07-08$0.1––Special (cash)—2003-06-272003-07-102003-08-01
2003-04-08$0.2825–+4.6%Cashquarterly2003-03-282003-04-102003-05-01
2003-04-08$0.05––Special (cash)—2003-03-282003-04-102003-05-01
2003-01-08$0.27–0.0%Cashquarterly2002-12-132003-01-102003-02-03
2002-10-08$0.27–0.0%Cashquarterly2002-09-272002-10-102002-11-01
2002-07-08$0.27–0.0%Cashquarterly2002-06-282002-07-102002-08-01
2002-04-08$0.27–+5.3%Cashquarterly2002-03-222002-04-102002-05-01
2002-01-08$0.2563–0.0%Cashquarterly2001-12-142002-01-102002-02-01
2001-10-05$0.2563–0.0%Cashquarterly2001-09-282001-10-102001-11-01
2001-07-06$0.2563–0.0%Cashquarterly2001-06-292001-07-102001-08-01
2001-04-06$0.2563–+1.0%Cashquarterly2001-03-302001-04-102001-05-01
2001-01-08$0.2538–0.0%Cashquarterly2000-12-152001-01-102001-02-01
2000-10-05$0.2537–0.0%Cashquarterly2000-10-022000-10-102000-11-01
2000-07-06$0.2538–0.0%Cashquarterly2000-06-302000-07-102000-08-01
2000-04-06$0.2538–+4.1%Cashquarterly2000-03-312000-04-102000-05-01
2000-01-06$0.2438–0.0%Cashquarterly1999-12-162000-01-102000-02-01
1999-09-07$0.2438–0.0%Cashquarterly1999-08-311999-09-091999-11-01
1999-07-07$0.2438–0.0%Cashquarterly1999-06-251999-07-101999-08-02
1999-04-07$0.2438–+4.3%Cashquarterly1999-03-261999-04-101999-05-03
1999-01-06$0.2338–0.0%Cashquarterly1998-12-221999-01-101999-02-01
1998-10-07$0.2338–0.0%Cashquarterly1998-09-251998-10-101998-11-02
1998-07-08$0.2338–0.0%Cashquarterly1998-05-291998-07-06-
1998-04-07$0.2338–+4.5%Cashquarterly1998-02-261998-04-03-
1998-01-07$0.2237$0.44740.0%Cashquarterly1997-12-191998-01-101998-02-02
1997-10-08$0.2237$0.44740.0%Cashquarterly1997-09-261997-10-101997-11-03
1997-07-08$0.2237$0.44740.0%Cashquarterly1997-06-261997-07-101997-08-01
1997-03-25$0.2237$0.4474+4.0%Cashquarterly1997-03-181997-03-281997-05-01
1997-01-08$0.215$0.430.0%Cashquarterly1996-12-201997-01-101997-02-03
1996-10-08$0.215$0.430.0%Cashquarterly1996-09-181996-10-101996-11-01
1996-07-08$0.215$0.430.0%Cashquarterly1996-06-281996-07-101996-08-01
1996-04-08$0.215$0.43+4.2%Cashquarterly1996-03-291996-04-101996-05-01
1996-01-08$0.2063$0.4126-0.1%Cashquarterly1995-12-181996-01-101996-02-01
1995-10-05$0.2065$0.4130.0%Cashquarterly1995-09-291995-10-101995-11-01
1995-07-06$0.2065$0.4130.0%Cashquarterly1995-06-301995-07-101995-08-01
1995-04-04$0.2065$0.413+4.6%Cashquarterly1995-03-311995-04-101995-05-01
1995-01-04$0.1975$0.3950.0%Cashquarterly1994-12-201995-01-101995-02-01
1994-10-04$0.1975$0.3950.0%Cashquarterly1994-09-301994-10-141994-11-29
1994-07-01$0.1975$0.3950.0%Cashquarterly1994-06-241994-07-101994-08-01
1994-04-04$0.1975$0.395+4.6%Cashquarterly1994-03-251994-04-101994-05-02
1994-01-04$0.1888$0.37760.0%Cashquarterly1993-12-171994-01-101994-02-01
1993-10-04$0.1888$0.37760.0%Cashquarterly1993-09-271993-10-101993-11-01
1993-07-02$0.1888$0.37760.0%Cashquarterly1993-06-251993-07-101993-08-02
1993-04-02$0.1888$0.7552+3.5%Cashquarterly1993-03-261993-04-101993-05-03
1993-01-04$0.1825$0.730.0%Cashquarterly1992-12-181993-01-101993-02-01
1992-10-05$0.1825$0.730.0%Cashquarterly1992-09-291992-10-101992-11-02
1992-07-06$0.1825$0.730.0%Cashquarterly1992-06-261992-07-101992-08-03
1992-04-06$0.1825$0.73+2.8%Cashquarterly1992-03-271992-04-101992-05-01
1992-01-06$0.1775$0.710.0%Cashquarterly1991-12-201992-01-101992-02-03
1991-10-04$0.1775$0.710.0%Cashquarterly1991-09-271991-10-101991-11-01
1991-07-03$0.1775$0.710.0%Cashquarterly1991-06-281991-07-101991-08-01
1991-04-04$0.1775$0.71+2.9%Cashquarterly1991-03-291991-04-101991-05-01
1991-01-04$0.1725$0.690.0%Cashquarterly1990-12-141991-01-101991-02-01
1990-10-03$0.1725$0.690.0%Cashquarterly1990-09-281990-10-101990-11-01
1990-07-03$0.1725$0.690.0%Cashquarterly1990-06-291990-07-101990-08-01
1990-04-04$0.1725$0.69+6.2%Cashquarterly1990-03-301990-04-101990-05-01
1990-01-04$0.1625$0.650.0%Cashquarterly1989-12-151990-01-101990-02-01
1989-10-03$0.1625$0.650.0%Cashquarterly1989-09-291989-10-101989-11-01
1989-07-05$0.1625$0.650.0%Cashquarterly1989-06-301989-07-111989-08-01
1989-04-04$0.1625$0.65+4.8%Cashquarterly1989-03-311989-04-101989-05-01
1989-01-03$0.155$0.620.0%Cashquarterly1988-12-161989-01-091989-02-01
1988-10-04$0.155$0.620.0%Cashquarterly1988-09-301988-10-111988-11-01
1988-07-01$0.155$0.620.0%Cashquarterly1988-06-241988-07-081988-08-01
1988-04-04$0.155$0.62+6.9%Cashquarterly1988-03-251988-04-081988-05-02
1988-01-04$0.145$0.580.0%Cashquarterly1987-12-181988-01-081988-02-01
1987-10-05$0.145$0.580.0%Cashquarterly1987-09-251987-10-091987-11-01
1987-07-06$0.145$0.580.0%Cashquarterly1987-06-261987-07-101987-08-01
1987-04-06$0.145$1.74+8.8%Cashquarterly1987-02-251987-04-02-
1987-01-05$0.1333$1.60.0%Cashquarterly1986-11-261987-01-01-
1986-10-06$0.1333$1.60.0%Cashquarterly1986-08-271986-10-02-
1986-07-03$0.1333$1.60.0%Cashquarterly1986-05-221986-07-01-
1986-04-04$0.1333$1.6+6.6%Cashquarterly1986-02-211986-04-02-
1986-01-06$0.125$1.5–Cashquarterly1985-11-271986-01-02-

Splits (3)

DateRatioCumulative
1987-05-263:1×12 to today
1993-05-262:1×4 to today
1998-03-202:1×2 to today