The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): AT&T Inc. (T) pays a $1.11 annual dividend ($0.28 quarterly), yielding 4.72% at $23.58/share. Next ex-dividend date 2026-10-09. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 4.72%
Annual Dividend: $1.11 per share
Payout Ratio: 36.6%
Ex-Dividend Date: 2026-10-09
Dividend Frequency: quarterly
Sector: Communication Services
Years of Dividend History: 43
AT&T Inc. is a global telecommunications company offering wireless, fiber broadband, and business connectivity services under brands including AT&T, Cricket, and AT&T Fiber. The AT&T Inc. dividend currently yields 5.0%, placing it firmly in high-yield territory for income-focused investors. T pays quarterly, with a trailing annual rate of $1.11 per share and an upcoming ex-dividend date of October 9, 2026. With a beta of 0.442, T stock moves at less than half the volatility of the broader market, a characteristic that suits investors who prioritize income over price appreciation.
AT&T Inc. pays out 36.6% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves meaningful room to absorb earnings pressure without touching the dividend, and AT&T Inc. dividend safety is further supported by the company's large base of recurring wireless and fiber broadband subscribers across its Communications segment. The main data-supported pressure point is the dividend's own history: the per-share annual payment fell from $2.08 in 2020 to $1.11 by 2024, a cut that already happened and reset the baseline.
AT&T Inc. dividend history shows a CAGR of -2.4% per year from 2009 to 2025. Per-share payments started at $1.64 and ended at $1.11 (with 2026 a partial year and not used in this calculation). The largest annual increase in the window was just 2.4%, recorded in 2010, and the history contains at least one year-over-year decline exceeding 5%. For income investors, that trajectory means the purchasing power of T's dividend has eroded over time, not grown.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -6.4% | $1.35 (2022) | $1.11 (2025) |
| 5-Year | -11.8% | $2.08 (2020) | $1.11 (2025) |
| 10-Year | -5.1% | $1.88 (2015) | $1.11 (2025) |
AT&T Inc. fits income-focused investors who want a high current yield from a large-scale telecom and fiber business and can accept that the dividend has not grown in real terms. The yield of 5.0% is high (above 4%), though it sits below the 5-year average of 5.67%, reflecting some recovery in T stock's price. The payout ratio of 36.6% means the current $1.11 annual payment is not stretched relative to earnings. The trade-off is clear: AT&T Inc. offers meaningful income today, but the dividend's long-run direction has been flat to down, not up.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-09 | $0.2780 |
| 2026-07-10 | $0.2775 |
| 2026-04-10 | $0.2775 |
| 2026-01-12 | $0.2775 |
| 2025-10-10 | $0.2775 |
| 2025-07-10 | $0.2775 |
| 2025-04-10 | $0.2775 |
| 2025-01-10 | $0.2775 |
| 2024-10-10 | $0.2775 |
| 2024-07-10 | $0.2775 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.1105 |
| 2025 | $1.1100 |
| 2024 | $1.1100 |
| 2023 | $1.1100 |
| 2022 | $1.3525 |
Project income from T with the T dividend calculator or track your full portfolio with the dividend tracker.