AT&T (T) Dividend History & Yield
AT&T (T) has increased its dividend for multiple years and currently yields 4.45%. The most recent dividend was $0.2775/share on May 1, 2026, paid Quarterly.
T
Current Yield
4.45%
TTM Dividend/Share
$1.11
Payment Frequency
Quarterly
Payout Ratio
37.4%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
0.00%
Div Growth (5Y CAGR)
-11.80%
Div Growth (10Y CAGR)
-5.13%
T: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
-7.4%
FCF payout ratio
11.6%
Net debt / EBITDA
2.8x
Interest coverage
3.49x
ROIC (TTM)
10.1%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 37.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($2.71) covers dividend/share ($1.11).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 11.6%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-11.8%) ≤ EPS growth (21.3%) — sustainable.
Per-payment dividend history
Ex-date Apr 10, 2026
- Payment date
- May 1, 2026
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Jan 12, 2026
- Payment date
- Feb 2, 2026
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Oct 10, 2025
- Payment date
- Nov 3, 2025
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Jul 10, 2025
- Payment date
- Aug 1, 2025
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Apr 10, 2025
- Payment date
- May 1, 2025
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Jan 10, 2025
- Payment date
- Feb 3, 2025
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Oct 10, 2024
- Payment date
- Nov 1, 2024
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Jul 10, 2024
- Payment date
- Aug 1, 2024
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Apr 9, 2024
- Payment date
- May 1, 2024
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Jan 9, 2024
- Payment date
- Feb 1, 2024
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Oct 6, 2023
- Payment date
- Nov 1, 2023
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
Ex-date Jul 7, 2023
- Payment date
- Aug 1, 2023
- Dividend
- $0.2775
- Adj. dividend
- $0.2775
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 10, 2026 | May 1, 2026 | $0.2775 | $0.2775 |
| Jan 12, 2026 | Feb 2, 2026 | $0.2775 | $0.2775 |
| Oct 10, 2025 | Nov 3, 2025 | $0.2775 | $0.2775 |
| Jul 10, 2025 | Aug 1, 2025 | $0.2775 | $0.2775 |
| Apr 10, 2025 | May 1, 2025 | $0.2775 | $0.2775 |
| Jan 10, 2025 | Feb 3, 2025 | $0.2775 | $0.2775 |
| Oct 10, 2024 | Nov 1, 2024 | $0.2775 | $0.2775 |
| Jul 10, 2024 | Aug 1, 2024 | $0.2775 | $0.2775 |
| Apr 9, 2024 | May 1, 2024 | $0.2775 | $0.2775 |
| Jan 9, 2024 | Feb 1, 2024 | $0.2775 | $0.2775 |
| Oct 6, 2023 | Nov 1, 2023 | $0.2775 | $0.2775 |
| Jul 7, 2023 | Aug 1, 2023 | $0.2775 | $0.2775 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 34 year-over-year increases across 41 calendar years of data (1985–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1100 | — | — |
| 2025 | $1.1100 | $1.1100 | 0.0% |
| 2024 | $1.1100 | $1.1100 | 0.0% |
| 2023 | $1.3525 | $1.1100 | -17.9% |
| 2022 | $2.0800 | $1.3525 | -35.0% |
| 2021 | $2.0800 | $2.0800 | 0.0% |
| 2020 | $2.0400 | $2.0800 | +2.0% |
| 2019 | $2.0000 | $2.0400 | +2.0% |
| 2018 | $1.9600 | $2.0000 | +2.0% |
| 2017 | $1.9200 | $1.9600 | +2.1% |
| 2016 | $1.8800 | $1.9200 | +2.1% |
| 2015 | $1.8400 | $1.8800 | +2.2% |
| 2014 | $1.8000 | $1.8400 | +2.2% |
| 2013 | $1.7600 | $1.8000 | +2.3% |
| 2012 | $1.7200 | $1.7600 | +2.3% |
| 2011 | $1.6800 | $1.7200 | +2.4% |
| 2010 | $1.6400 | $1.6800 | +2.4% |
| 2009 | $1.6000 | $1.6400 | +2.5% |
| 2008 | $1.4200 | $1.6000 | +12.7% |
| 2007 | $1.3300 | $1.4200 | +6.8% |
| 2006 | $1.2900 | $1.3300 | +3.1% |
| 2005 | $1.2500 | $1.2900 | +3.2% |
| 2004 | $1.3690 | $1.2500 | -8.7% |
| 2003 | $1.0663 | $1.3690 | +28.4% |
| 2002 | $1.0217 | $1.0663 | +4.4% |
| 2001 | $1.0052 | $1.0217 | +1.6% |
| 2000 | $0.9607 | $1.0052 | +4.6% |
| 1999 | $0.9197 | $0.9607 | +4.5% |
| 1998 | $0.8862 | $0.9197 | +3.8% |
| 1997 | $0.8512 | $0.8862 | +4.1% |
| 1996 | $0.8162 | $0.8512 | +4.3% |
| 1995 | $0.7810 | $0.8162 | +4.5% |
| 1994 | $0.7482 | $0.7810 | +4.4% |
| 1993 | $0.7250 | $0.7482 | +3.2% |
| 1992 | $0.7050 | $0.7250 | +2.8% |
| 1991 | $0.6800 | $0.7050 | +3.7% |
| 1990 | $0.6425 | $0.6800 | +5.8% |
| 1989 | $0.6100 | $0.6425 | +5.3% |
| 1988 | $0.5683 | $0.6100 | +7.3% |
| 1987 | $0.5250 | $0.5683 | +8.3% |
| 1986 | $0.4917 | $0.5250 | +6.8% |
| 1985 | — | $0.4917 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for AT&T (T) from the consolidated cash flow statement, in USD as filed.
Latest period
$8.09B
YoY change
-0.3%
5Y CAGR
-11.4%
Peak year (2021)
$15.07B
Latest annual
$8.18B
Cash dividends paid over time for AT&T (T)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for AT&T (T)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $8.18B | -0.3% | -$28.00M | ||
| 2024 | $8.21B | +0.9% | +$72.00M | ||
| 2023 | $8.14B | -17.5% | -$1.72B | ||
| 2022 | $9.86B | -34.6% | -$5.21B | ||
| 2021 | $15.07B | +0.7% | +$112.00M | ||
| 2020 | $14.96B | +0.5% | +$68.00M | ||
| 2019 | $14.89B | +11.0% | +$1.48B | ||
| 2018 | $13.41B | +11.4% | +$1.37B | ||
| 2017 | $12.04B | +2.0% | +$241.00M | ||
| 2016 | $11.80B | +15.7% | +$1.60B | ||
| 2015 | $10.20B | +6.8% | +$648.00M | ||
| 2014 | $9.55B | -1.5% | -$144.00M | ||
| 2013 | $9.70B | -5.3% | -$545.00M | ||
| 2012 | $10.24B | +0.7% | +$69.00M | ||
| 2011 | $10.17B | +2.6% | +$256.00M | ||
| 2010 | $9.92B | +2.5% | +$246.00M | ||
| 2009 | $9.67B | +1.7% | +$163.00M | ||
| 2008 | $9.51B | +8.7% | +$764.00M | ||
| 2007 | $8.74B | +69.7% | +$3.59B | ||
| 2006 | $5.15B | +21.1% | +$897.00M | ||
| 2005 | $4.26B | +2.8% | +$115.00M | ||
| 2004 | $4.14B | -8.8% | -$398.00M | ||
| 2003 | $4.54B | +27.6% | +$982.00M | ||
| 2002 | $3.56B | +2.9% | +$101.00M | ||
| 2001 | $3.46B | +1.1% | +$38.00M | ||
| 2000 | $3.42B | +4.0% | +$131.00M | ||
| 1999 | $3.29B | +5.0% | +$156.00M | ||
| 1998 | $3.13B | +5.6% | +$165.00M | ||
| 1997 | $2.97B | +68.0% | +$1.20B | ||
| 1996 | $1.76B | -2.7% | -$49.00M | ||
| 1995 | $1.81B | +116.7% | +$977.00M | ||
| 1994 | $837.00M | +4.2% | +$33.50M | ||
| 1993 | $803.50M | +3.0% | +$23.10M | ||
| 1992 | $780.40M | +2.8% | +$21.10M | ||
| 1991 | $759.30M | +3.6% | +$26.50M | ||
| 1990 | $732.80M | +5.7% | +$39.40M | ||
| 1989 | $693.40M | — | — |
In 2025, AT&T (T) dividends paid totalled $8.18B – edged down 0.3% year-over-year.
AT&T dividends paid has contracted on net over the period, with a -11.4% compound annual growth rate over 2020–2025 (5 years).
AT&T dividends paid plunged from $15.07B in 2021 to $8.18B in 2025, a 45.7% drawdown.
Across the available history, dividends paid reached its high of $15.07B in 2021 and its low of $693.40M in 1989.
Within Communication Services, AT&T (T) ranks 3rd among 8 peers we track. The peer median for dividends paid is $4.51B.
AT&T Dividends Paid 2025: $8.18B
AT&T dividends paid in 2025 was $8.18B, edged down 0.3% below 2024.
AT&T Dividends Paid 2024: $8.21B
AT&T dividends paid in 2024 was $8.21B, edged up 0.9% from 2023.
AT&T Dividends Paid 2023: $8.14B
AT&T dividends paid in 2023 was $8.14B, declined 17.5% below 2022.
AT&T Dividends Paid 2022: $9.86B
AT&T dividends paid in 2022 was $9.86B, plunged 34.6% below 2021.
AT&T Dividends Paid 2021: $15.07B
AT&T dividends paid in 2021 was $15.07B.
See more financial history for AT&T (T).
Sector peers by dividends paid
Companies in the same sector as AT&T, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Verizon (VZ) | $11.48B | Communication Services |
| Alphabet (GOOGL) | $10.05B | Communication Services |
| Meta (META) | $5.32B | Communication Services |
| Comcast (CMCSA) | $4.89B | Communication Services |
| T-Mobile US (TMUS) | $4.12B | Communication Services |
| Walt Disney (DIS) | $1.80B | Communication Services |
| Netflix (NFLX) | $0 | Communication Services |
| Spotify (SPOT) | $0 | Communication Services |
Frequently asked questions
Does AT&T pay dividends?
Yes, AT&T (T) pays quarterly dividends of approximately $1.11 per share annually, yielding 4.45%.
What is AT&T's dividend yield?
AT&T (T) has a current dividend yield of 4.45%.
Is AT&T's dividend safe?
AT&T (T) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has AT&T increased its dividend?
AT&T (T) has 0 consecutive years of dividend increases.
What is AT&T's dividend payout ratio?
AT&T (T) has a dividend payout ratio of 37.4%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is AT&T's dividends paid?
Latest reported dividends paid for AT&T (T) is $8.09B (period ending March 31, 2026).
How has AT&T dividends paid changed year-over-year?
AT&T (T) dividends paid changed -0.3% year-over-year on the latest annual filing.
What is the long-term growth rate of AT&T dividends paid?
AT&T (T) dividends paid compound annual growth rate is -11.4% over the most recent 5 years available.
When did AT&T dividends paid hit its highest annual value?
AT&T dividends paid reached its highest annual value of $15.07B in 2021.
What was AT&T dividends paid in 2024?
AT&T (T) dividends paid in 2024 was $8.21B.
What was AT&T dividends paid in 2025?
AT&T (T) dividends paid in 2025 was $8.18B.
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