AT&T Perpetual Preferred Stock Series A Goes Ex-Dividend Soon

On 1/10/25, AT&T Inc's 5.00% Depositary Shares Perpetual Preferred Stock Series A (Symbol: T.PRA) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 2/3/25. As a percentage of T.PRA's recent share price of $21.05, this dividend works out to approximately 1.48%, so look for shares of T.PRA to trade 1.48% lower — all else being equal — when T.PRA shares open for trading on 1/10/25. On an annualized basis, the current yield is approximately 5.89%, which compares to an average yield of 6.58% in the "Utilities" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of T.PRA shares, versus T:

Below is a dividend history chart for T.PRA, showing historical dividends prior to the most recent $0.3125 on AT&T Inc's 5.00% Depositary Shares Perpetual Preferred Stock Series A:

In Wednesday trading, AT&T Inc's 5.00% Depositary Shares Perpetual Preferred Stock Series A (Symbol: T.PRA) is currently down about 0.8% on the day, while the common shares (Symbol: T) are down about 0.7%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.