AT&T Stock Raises Dividend, Named Top Stock Pick for 2020
AT&T (NYSE: T) wants to put more cash in your pocket.
The telecommunications giant said on Friday that its board of directors approved a 2% increase in its quarterly cash payout, to $0.52 per share. The new, higher dividend will first be paid on Feb. 3 to shareholders of record on Jan. 10.
AT&T's annualized dividend of $2.08 places its stock's yield at a hefty 5.4%.
Source Fool.com
