AT&T’s board of directors on Friday declared a quarterly dividend of $0.43 per share on the company’s common shares.
The dividend is payable on Aug. 1 to shareholders of record at the close of the business on July 8, 2011.
AT&T, whose shares closed Monday at $30.76 on the New York Stock Exchange, made the same dividend payment ($0.43 per share) over the last two quarters.
Earlier this month, AT&T’s peer, Verizon, declared a dividend payment of 48.75 cents per outstanding share. Last year, Verizon made $5.4 billion in dividend payments.