AT&T(NYSE:T) Declares Dividend of $0.4800.

AT&T (NYSE:T) had declared a cash dividend of $0.4800 on Sep 30, 2016. The shares will quote ex-dividend on Oct 6, 2016 and the record date has been fixed for Oct 10, 2016. On Sep 30, 2016 share price, the yield comes out to be 4.7140%. The dividend payable date has been fixed on Nov 1, 2016.

In a different note, On Sep 28, 2016, UBS said it Downgrades its rating on AT&T. In the research note, the firm Lowers the price-target to $46.00 per share. The shares have been rated ‘Neutral’ by the firm. On Sep 26, 2016, HSBC said it Upgrades its rating on AT&T. The shares have been rated ‘Hold’ by the firm. On Jul 19, 2016, Citigroup said it Maintains its rating on AT&T. In the research note, the firm Raises the price-target to $46.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 15, 2016, Barclays said it Maintains its rating on AT&T. In the research note, the firm Raises the price-target to $42.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 7, 2016, Citigroup said it Downgrades its rating on AT&T. In the research note, the firm Raises the price-target to $42.00 per share. The shares have been rated ‘Neutral’ by the firm.

AT&T (T) shares turned negative on Tuesdays trading session with the shares closing down -0.87 points or -2.13% at a volume of 3,31,79,916. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $40.76. The peak price level was also seen at $40.76 while the days lowest was $39.71. Finally the shares closed at $39.9. The 52-week high of the shares is $43.89 while the 52-week low is $32.22. According to the latest information available, the market cap of the company is $245,465 M.

AT&T(T) last announced its earnings results on Jul 21, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $40.52B. Analysts had an estimated revenue of $40.67B. Earnings per share were $0.72. Analysts had estimated an EPS of $0.72.

Several Insider Transactions has been reported to the SEC. On Jul 25, 2016, John T Stankey (CEO?AT&T Entertainment Group) sold 2,131 shares at $43.38 per share price.Also, On May 5, 2016, Matthew K Rose (director) purchased 21,950 shares at $34.15 per share price.On Aug 25, 2015, Michael B Mccallister (director) purchased 10,000 shares at $32.92 per share price, according to the Form-4 filing with the securities and exchange commission.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications data/broadband and Internet services video services local exchange services long-distance services telecommunications equipment managed networking and wholesale services. Its segments include Wireless Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services AT&T U-verse broadband video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary DIRECTV Group Holdings LLC it provides pay television in the United States and across the world.

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