AT&T Declares $0.3125 Quarterly Dividend on Series A Preferred Stock
AT&T's board declared a quarterly dividend of $0.3125 per depositary share on its 5.000% Perpetual Preferred Stock, Series A [1]. The dividend equals $312.50 per preferred share [2].
AT& declared a quarterly dividend of $0.3125 per depositary share on its 5.000% Perpetual Preferred Stock, Series A [1]. The dividend equates to $312.50 per preferred share, reflecting the 100-to-1 depositary ratio [2].
The declaration involves AT& Inc. (NYSE: ) and holders of its Series A preferred depositary shares, traded under the ticker symbol -PA. The board of directors approved the payment, which represents the quarterly installment of the 5.000% annual fixed dividend rate on the perpetual preferred security [2].
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