AT&T Declares Dividend

AT&Ts board of directors on Friday declared a quarterly dividend of $0.43 per share on the companys 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&Ts peer, Verizon, declared a dividend payment of 48.75 cents per outstanding share.  Last year, Verizon made $5.4 billion in dividend payments.

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