AT&T (T) Dividend Payout Ratio

: 0.52 (As of Dec. 2023)

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AT&T's dividend payout ratio for the months ended in Dec. 2023 was 0.52.

The historical rank and industry rank for AT&T's Dividend Payout Ratio or its related term are showing as below:

T' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.75 Max: 1.78
Current: 0.47

During the past 13 years, the highest Dividend Payout Ratio of AT&T was 1.78. The lowest was 0.39. And the median was 0.75.

T's Dividend Payout Ratio is ranked better than
62.16% of 185 companies
in the Telecommunication Services industry
Industry Median: 0.59 vs T: 0.47

As of today (2024-04-16), the Dividend Yield % of AT&T is 6.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of AT&T was 12.07%. The lowest was 5.57%. And the median was 7.25%.

AT&T's Dividends per Share for the months ended in Dec. 2023 was $0.28.

During the past 3 years, the average Dividends Per Share Growth Rate was -18.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of AT&T was 70.50% per year. The lowest was -18.90% per year. And the median was 4.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

AT&T Dividend Payout Ratio Historical Data

The historical data trend for AT&T's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AT&T Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.00

1.78

0.68

0.63

0.46

AT&T Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.46	0.49	0.44	0.43	0.52

Competitive Comparison

For the Telecom Services subindustry, AT&T's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AT&T Dividend Payout Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, AT&T's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where AT&T's Dividend Payout Ratio falls into.

AT&T Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

AT&T's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.11	/	2.41
	=	0.46

AT&T's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.278	/	0.54
	=	0.51

AT&T (NYSE:T) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

AT&T Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of AT&T's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

AT&T (T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » AT&T Inc (NYSE:T) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TpC.PFD:USA TpA.PFD:USA T:Peru T:Mexico T_KZ:Kazakhstan 1T:Italy SOBAd:UK 0QZ1:UK SOBA:Germany SOBA:Germany SOBA:Germany SOBA:Germany T:Chile ATTB34:Brazil ATT:Austria T:Argentina

Address

208 S. Akard Street, Dallas, TX, USA, 75202

Website

https://www.att.com

The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, which account for about 18% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.

Executives

Sanders S Sabrina	officer: SVP-ChiefActngOfcr&Controller	208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Debra L. Dial	officer: SVP-ChiefActngOfcr&Controller	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Jeremy Alan Legg	officer: Chief Technology Officer	208 S. AKARD STREET, DALLAS TX 75202
Kenny Kellyn Smith	officer: Chief Marketing & Growth Ofcr	208 S. AKARD ST, 29TH FLOOR, DALLAS TX 75202
Edward W Gillespie	officer: SrEVP-Ext & Legal Affairs	208 S. AKARD, DALLAS TX 75202
Angela Santone	officer: Sr. Exec VP-Human Resources	208 S. AKARD ST, DALLAS TX 75202
Jeffery S. Mcelfresh	officer: CEO, AT&T Communications, LLC	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Mcatee David R Ii	officer: Sr. Exec. VP and Gen. Counsel	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
David S. Huntley	officer: SEVP&Chief Compliance Officer	208 S. AKARD, ROOM 2900;07, DALLAS TX 75202
Lori M Lee	officer: CEO-AT&T LatAm&GlobalMktgOfcr	208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Pascal Desroches	officer: Sr. Exec VP and CFO	AT&T INC., 208 S AKARD STREET, DALLAS TX 75202
Stephen J Luczo	director
Luis A Ubinas	director	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
John T Stankey	officer: Sr. Exec. VP and CIO	208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Jason Kilar	officer: CEO, Warner Media, LLC	208 S. AKARD ST, DALLAS TX 75202