The board of directors today declared a quarterly dividend of $0.2775 per share on the company's common shares.
AT&T (T) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In recent years, T-Mobile US (NASDAQ: TMUS) has been focused on growth; so, paying a dividend hasn't been part of its strategy before. Earlier this month, T-Mobile CEO Mike Sievert said that as part of the company's plan to provide shareholder returns, it is going to pay $3 billion in dividends over the course of a year. Investors should expect the first dividend declaration and payment to come before the end of 2023.