AT&T Inc.
T,
mentioned Friday it was preserving its quarterly dividend at 27.75 cents a share, payable Nov. 1 to shareholders of file on Oct. 10. With the telecommunications and media firm’s stock down .8% in afternoon investing, the yearly dividend rate implies a dividend yield of 7.21%, which compares with the yield for the SPDR Communication Solutions Pick Sector ETF
XLC,
of 1.17% and the implied generate for the S&P 500
SPX,
of 1.83%, and the generate of the 10-calendar year Treasury be aware
TMUBMUSD10Y,
of 3.742%. AT&T’s inventory was the ninth-optimum yielding inventory in the S&P 500, driving leaders communications solutions firm Lumen Technologies Inc.
LUMN,
at 13.67% and oil and gasoline exploration firm Pioneer Pure Sources Co.
PXD,
at 10.78%.
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