AT&T Inc. dividend history and coverage
Fiscal 2016–2025 dividends per share, payout of earnings and cash flow, and any decreases, read from AT&T Inc.'s own SEC filings. Data built 2026-11-01.
Dividend history
- Dividends per share (fiscal year)
- Year with a decrease
- Earnings per share (diluted)
Yield at today's price
The numbers, with their filings
| Fiscal year | Dividends/share | EPS (diluted) | Payout of EPS | FCF/share | Cash payout | Filing |
|---|---|---|---|---|---|---|
| FY2025 | 1.110 | 3.04 | 37% | 2.71 | 42% | 10-K |
| FY2024 | 1.110 | 1.49 | 75% | 2.57 | 44% | 10-K |
| FY2023 | 1.110 | 1.97 | 56% | 2.82 | 40% | 10-K |
| FY2022 | 1.110 | -1.13 | not covered | 2.13 | 61% | 10-K |
| FY2021 | 2.080 | 2.73 | 76% | 3.52 | 57% | 10-K |
| FY2020 | 2.080 | -0.75 | not covered | 3.81 | 53% | 10-K |
| FY2019 | 2.050 | 1.89 | 109% | 3.95 | 51% | 10-K |
| FY2018 | 2.010 | 2.85 | 71% | 3.28 | 60% | 10-K |
| FY2017 | 1.970 | 4.76 | 41% | 2.81 | 69% | 10-K |
| FY2016 | 1.930 | 2.10 | 92% | 2.73 | 70% | 10-K |
Dividends per share: dividends declared per share, as tagged in the company's filings. Free cash flow = operating cash flow − capital expenditures (as tagged); cash payout = common dividends paid ÷ free cash flow. All AT&T Inc. filings on EDGAR ↗
Data note. AT&T reset its dividend in February 2022, alongside the WarnerMedia spin-off.
Dividend decrease, in the company's words
AT&T Inc.: -46.6%
Quarterly dividend US$0.5200 → US$0.2775.
“to account for the distribution of WarnerMedia to AT&T shareholders and support AT&T's plans to step-up investment in its growth areas”
AT&T set its new dividend as WarnerMedia was spun off and merged with Discovery (completed April 8, 2022), sizing the payout at about 40% of projected free cash flow. The annual rate went from $2.08 to $1.11.
What the filings showed beforehand: payout of earnings FY2019 109%, FY2020 not covered, FY2021 76%; cash payout FY2019 51%, FY2020 53%, FY2021 57%.
What $1,000 of AT&T dividends is worth after tax
Canadian resident (2026 estimate)
| Account | You keep | Why |
|---|---|---|
| Non-registered | $704 | 15% US withholding, then Canadian tax like interest with a foreign tax credit |
| TFSA | $850 | 15% US withholding, not recoverable |
| RRSP / RRIF | $1,000 | Treaty exemption from US withholding; taxed on withdrawal |
US taxpayer (2026 estimate)
Example: married filing jointly, $120,000 of other taxable income, 22% ordinary bracket.
| Account | You keep |
|---|---|
| Taxable brokerage | $850 |
| Roth IRA | $1,000 |
| Traditional IRA / 401(k) | $1,000* |
* Nothing is taxed when the dividend is paid; withdrawals are taxed later as ordinary income.
Assumes qualified-dividend treatment (holding period met). Use your own numbers.
Frequently asked questions
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