By Rob Otman AT&T’s dividend history is long. The company has raised its dividend for 35 consecutive years. But will this trend continue? Let’s take a look at the recent earnings announcement, dividend history, and payout safety going forward.
AT&T Earnings Announcement
This morning AT&T announced adjusted earnings of $0.89. And that’s close to what analysts were expecting so it probably didn’t move the share price much. The bigger impact came from sales and the TV business…
The company reported $48.6 billion in revenue which was down 2.4%. AT&T’s TV business is struggling to keep subscribers. As a result, AT&T stock is down about 3% in …read more
