AT&T Stock’s Dividend Masks 4% Weekly Move; What’s Next
AT&T Inc. posted a 4.0% total return for the week ending Friday, calculated from the July 2 close, even with just a 2.7% climb in its unadjusted share price. The difference came from a $0.2775 quarterly dividend that went ex-div on July 10. AT&T’s 0.4% one-day Friday move works out closer to 1.75% for shareholders getting that payout. U.S. cash equity markets are closed Sunday.
