AT&T Inc. is maintaining its quarterly dividend at $0.2775, payable on Feb. 3, consistent with prior distributions. This decision follows strong quarterly results driven by subscriber growth, reaffirming management's dedication to providing value to shareholders. Dividends are favored by investors for their potential total return and ability to generate passive income. AT&T previously held the title of Dividend Aristocrat but cut its payout in 2022 to mitigate debt, creating a current yield of 4.6%, which remains attractive compared to industry standards but lower than some competitors like Verizon.
"AT&T's ongoing dividend payment underscores the management's commitment to delivering consistent value to investors, reflecting strong quarterly results boosted by subscriber growth."
"Investors favor dividend stocks for two main reasons: enticing total return potential and the provision of a steady, reliable stream of passive income."
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