Understanding At&t Shares Outstanding and Dividend History

Author

Reads 452

Free stock photo of 20th century, adult, analog
Credit: pexels.com, Free stock photo of 20th century, adult, analog

At&T has a long history of paying dividends to its shareholders, with the first dividend payment made in 1984. This marked the beginning of a streak that has continued to this day.

In 2006, At&T paid a dividend of $0.34 per share, which was a significant increase from the $0.25 per share paid in 2005. This increase set the stage for future dividend growth.

At&T's shares outstanding have fluctuated over the years, but as of 2020, the company had approximately 4.3 billion shares outstanding. This number can impact the dividend payout per share, as it is divided among a larger or smaller number of shares.

The dividend payout ratio is a key metric to consider when evaluating At&T's dividend history. In 2019, the payout ratio was around 67%, indicating that a significant portion of the company's earnings were being distributed to shareholders.

Intriguing read: Swap Ratio

Share Statistics

AT&T has 7.18 billion shares outstanding, a significant number that reflects the company's size and scope.

Credit: youtube.com, AT&T, Verizon and T-Mobile. Who's going to be the winner? Stock Analysis.

The number of shares has decreased by -0.74% in one year, indicating a slight decline in the company's stock.

The current share class is 7.18B, which is also the number of shares outstanding.

Shares have changed by +0.10% over the past quarter, a slight increase.

Insiders own a tiny portion of the company, with a mere 0.09% of shares held by insiders.

Institutions, on the other hand, own a substantial 62.49% of the company's shares.

The float, which is the number of shares available for trading, is 7.16B.

Here's a breakdown of the share statistics:

Financial Information

AT&T has a significant number of shares outstanding, with 7.18 billion shares in circulation.

The company's share count has decreased by 0.74% over the past year, indicating a slight reduction in the number of shares outstanding.

AT&T has a substantial amount of cash on hand, with $3.30 billion in cash and cash equivalents.

However, the company's debt is significantly higher, with $140.92 billion in total debt.

Credit: youtube.com, Is AT&T (T) Stock A Buy? Fundamental Analysis - Operating Segments, Key Ratios, Intrinsic Value, IRR

This results in a net cash position of -$137.63 billion, or -$19.18 per share.

Here's a breakdown of AT&T's financial information:

The company's market capitalization was approximately $135.66 billion in August 2024.

Dividends & Yields

AT&T's dividend yield has fluctuated over the years, ranging from a low of 2.01% in 1999 to a high of 8.46% in 2021.

The company pays an annual dividend of $1.11, which amounts to a dividend yield of 4.52%. This is a relatively stable figure, with the dividend yield ranging from 3.54% in 2007 to 8.46% in 2021.

AT&T's dividend growth has been inconsistent, with a negative annualized three-year dividend growth rate of -18.89% in Q3 2024.

Here's a breakdown of AT&T's dividend yield over the years:

The dividend yield has been steadily increasing since 1999, with some fluctuations along the way.

Insider Shareholders

Insider Shareholders are people in senior management positions and members of the board of directors, as well as individuals or entities that own more than 10% of the company's stock.

Credit: youtube.com, AT&T Stock - should you buy it? | #T | Stock Analysis

The term "insider" in this context has nothing to do with insider trading, which is a separate and serious issue. It's just a way to describe those with significant ownership stakes in the company.

To give you an idea of who these insider shareholders are, let's take a look at the top 3 individual insider shareholders of AT&T, as shown in the data.

Top 3 Insider Shareholders

The term "insider" in this context has nothing to do with insider trading, but rather refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock.

Direct ownership is what matters when it comes to the top insider shareholders, and this list only reflects that, excluding indirect ownership of shares or shares that are accessible through stock options.

The top 3 individual insider shareholders are a key group to examine, as they hold significant sway over the company's direction and decisions.

Their direct ownership stake is substantial, and it's worth noting that this list only includes individuals, not entities or groups.

A unique perspective: B T Share Price Uk

BlackRock Inc

Credit: youtube.com, A.G. Reaches Deal With BlackRock, As Part Of Crack Down On Insider Trading 2.0

BlackRock Inc is a significant shareholder of AT&T. They owned 533.05 million shares as of March 31, 2024.

BlackRock is a large financial institution that offers a range of investment products, including the iShares Core S&P 500 ETF (IVV). This ETF has approximately $490.72 billion in assets under management.

BlackRock's investment portfolio is substantial, and their stake in AT&T is just one example of their holdings.

Stock Price and History

AT&T's stock price has seen its fair share of ups and downs over the years. The stock price has increased by +39.41% in the last 52 weeks, which is a significant gain.

AT&T's price volatility has been lower than the market average, with a beta of 0.73. This means that the stock price has been less affected by market fluctuations.

The 50-Day Moving Average is $23.09, while the 200-Day Moving Average is $20.58. This indicates a slight upward trend in the stock price.

Credit: youtube.com, What are SHARES OUTSTANDING? | Stock Market Basics

AT&T's Relative Strength Index (RSI) is 68.35, which suggests that the stock is currently overbought.

The company has a long history of paying dividends, with a current yield of just under 5%. AT&T has increased its dividend for 31 consecutive years.

Here's a summary of AT&T's stock price history:

As of August 2024, AT&T was trading at about $19 per share, with a 52-week range of $13.92 per share to $19.99.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.