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DALLAS - AT&T Inc. (NYSE:T) announced Wednesday that its board of directors has declared a quarterly dividend of $0.2775 per share on the company’s common stock, payable August 1, 2025, to stockholders of record at the close of business on July 10, 2025.
The telecommunications company also declared quarterly dividends on its preferred stock. The 5.000% Perpetual Preferred Stock, Series A will receive $312.50 per preferred share, or $0.3125 per depositary share. The 4.750% Perpetual Preferred Stock, Series C will receive $296.875 per preferred share, or $0.296875 per depositary share.
All declared dividends will be paid on August 1, 2025, to stockholders of record as of July 10, 2025.
AT&T serves more than 100 million U.S. customers and nearly 2.5 million businesses with wireless, internet, and other telecommunications services.
The dividend announcement was made in a company press release statement.
In other recent news, AT&T received preliminary approval for a $177 million settlement over data breaches that exposed personal information of tens of millions of customers. The settlement, deemed fair and reasonable by a U.S. District Judge, addresses claims related to breaches announced in May and July of the previous year. Additionally, AT&T is progressing with its strategic growth plan, which includes the acquisition of Lumen’s Mass Markets fiber assets for $5.75 billion, aiming to enhance its fiber internet offerings and 5G services in the United States. This acquisition is expected to close in the first half of 2026, expanding AT&T’s network reach and potentially creating new jobs.
Analysts have also weighed in on AT&T’s recent activities. Evercore ISI maintained its In Line rating with a $27 price target, highlighting the capital efficiency of the Lumen acquisition. Meanwhile, Bernstein SocGen raised AT&T’s price target to $30, maintaining an Outperform rating, citing the company’s success in growing its subscriber base through a fiber-led bundle strategy and effective churn management. In other developments, AT&T’s CFO is set to discuss the company’s growth strategy at the Mizuho Technology Conference, reaffirming financial guidance for 2025 and outlining plans to reach approximately 60 million fiber locations by 2030.
In related news, TELUS Corporation has made a proposal to acquire all remaining shares of TELUS Digital not already owned by the company for $3.40 per share. The proposal is subject to various conditions, including due diligence and shareholder approval. TELUS Digital’s board is forming a special committee to evaluate the offer, with no immediate action required from shareholders.
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