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

Dividend Yield and Payout - AT&T currently offers a dividend yield of over 5.5%, significantly higher than the S&P 500 average of less than 1.5% [1] - The company pays $0.2775 per share quarterly ($1.11 annually), totaling approximately $2 billion per quarter and $8 billion annually based on 7.2 billion outstanding shares [1] Cash Flow and Dividend Sustainability - AT&T generated $9.1 billion in cash flow from operations and $4.6 billion in free cash flow in Q2, comfortably covering its $2 billion quarterly dividend payout [2] - The company is using excess cash to reduce net debt, decreasing it by $1.9 billion in Q2 and $5.1 billion over the past year [2] - AT&T aims to lower its leverage ratio to 2.5x by the first half of next year from the current 2.9x [2] Strategic Financial Management - AT&T cut its dividend by 50% in early 2022 to retain cash for debt repayment and capital investments in fiber and 5G businesses [2][3] - With the leverage ratio trending toward its target, the current dividend appears sustainable for income-focused investors [3]