How Much Will AT&T Pay Out in Dividends This Year?

AT (NYSE: T) stands out for its dividend with a payout that currently yields over 5.5%. That's one of the highest dividend yields in the S 500, where the yield is currently less than 1.5%.

A big driver of the telecom stock's hefty yield is its massive dividend payment. Here's a quick look at AT&T's dividend and whether its big-time payout is sustainable.

AT currently pays its shareholders $0.2775 per share in dividends each quarter ($1.11 annually). With nearly 7.2 billion outstanding shares, the company pays out about $2 billion in dividends each quarter and roughly $8 billion each year.

Source Fool.com