AT&T Board of Directors Approves 6.8 Percent Increase in Quarterly Dividend
Posted on: Friday, 15 December 2006, 15:00 CST
SAN ANTONIO, Dec. 15 /PRNewswire-FirstCall/ -- The Board of Directors of AT&T Inc. today approved a 6.8 percent increase in the company's quarterly dividend, the 22nd consecutive year that the board has increased the company's dividend.
AT&T directors increased the quarterly dividend rate from $0.3325 a share to $0.355 a share, or $0.09 a share on an annual basis, from $1.33 to $1.42 a share. The dividend will be payable on Feb. 1, 2007, to common stockholders of record on Jan. 10, 2007.
"This decision reflects the board's commitment to returning value directly to our stockholders," said AT&T Inc. Chairman and Chief Executive Officer Edward E. Whitacre Jr. "This increase in the dividend - along with our previously announced intention to complete the repurchase of $10 billion in stock by the end of 2007 - also reflects the board's continued confidence in our sound operating performance and our ability to generate strong cash flow while we invest in future growth."
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss .
About AT&T
AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States. Operating globally under the AT&T brand, AT&T companies are recognized as the leading worldwide providers of IP-based communications services to business and as leading U.S. providers of high speed DSL Internet, local and long distance voice, and directory publishing and advertising services. AT&T Inc. holds a 60 percent ownership interest in Cingular Wireless, which is the No. 1 U.S. wireless services provider with 58.7 million wireless customers. Additional information about AT&T Inc. and AT&T products and services is available at http://www.att.com/ .
AT&T is a registered trademark of AT&T Knowledge Ventures.
Subsidiaries and affiliates of AT&T Inc. provide products and services under the AT&T brand.
AT&T Inc.
CONTACT: McCall Butler of AT&T Inc., +1-703-731-3735,mbutler@attnews.us
Web site: http://www.att.com/
Source: PRNewswire-FirstCall
Related Articles
- Woman awarded $215,000 settlement vs Toronto Police Service Board for sexual assault by on duty officer
- Green Mountain Power's SolarGMP Approved By Vermont Public Service Board
- CWA Applauds Vermont Public Service Board for Rejecting Verizon-FairPoint Deal
- AT&T Announces 12.7 Percent Dividend Increase, New Share Buyback Authorization
- The Public Service Aviation Handbook 2007-08 is Available Now
- Longs Drug Stores Corporation Declares Cash Dividend on Common Shares
- CORRECTING and REPLACING UniSource Energy Declares Dividend, Elects Directors at 2007 Annual Shareholder Meeting
- Cornet Technology Announces the First VME-Based PCI Express Multi-Processing Solution at the Bus&Board Conference 2007
- Fire Protection is Most-Shared Local Service: Least-Shared Services
- TBR Announces Release of Telecom Infrastructure Services Market Share Ranking
 |
 |
User Comments (0)
RSS Feeds