AT&T INC. (T) closed fiscal year 2025 with 7.04 B shares outstanding and a dividend of 1.11 USD per share.
AT&T INC. (T) closed fiscal year 2025 with 7.04 B shares outstanding and a dividend of 1.11 USD per share. Over the year the share count fell by 138 M shares on a net basis. Since 2008 the share count has grown by 18.1 %. The dividend per share was 1.11 USD, essentially flat year on year. Total dividends paid came to 8.18 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 5.96B | 5.90B | 5.94B | 5.93B | 5.58B | 5.23B | 5.19B | 6.14B | 6.14B | 6.14B | 7.28B | 7.25B | 7.13B | 7.14B | 7.13B | 7.15B | 7.18B | 7.04B |
| Shares issued — SBC/options | — | 0.00M | 36.1M | 0.00M | 0.00M | 0.00M | 0.00M | 958M | 0.00M | 0.43M | 1,142M | 0.00M | 0.00M | 15.1M | 0.00M | 22.0M | 26.1M | 0.00M |
| Shares issued (%) | — | 0.00 % | 0.61 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 15.59 % | 0.00 % | 0.01 % | 15.69 % | 0.00 % | 0.00 % | 0.21 % | 0.00 % | 0.31 % | 0.36 % | 0.00 % |
| Shares repurchased | — | -56.1M | 0.00M | -11.5M | -345M | -355M | -39.4M | 0.00M | -5.95M | 0.00M | 0.00M | -27.1M | -129M | 0.00M | -13.3M | 0.00M | 0.00M | -138M |
| Shares repurchased (%) | — | -0.95 % | 0.00 % | -0.19 % | -6.18 % | -6.79 % | -0.76 % | 0.00 % | -0.10 % | 0.00 % | 0.00 % | -0.37 % | -1.81 % | 0.00 % | -0.19 % | 0.00 % | 0.00 % | -1.97 % |
| Net addition/reduction | — | -56.1M | 36.1M | -11.5M | -345M | -355M | -39.4M | 958M | -5.95M | 0.43M | 1,142M | -27.1M | -129M | 15.1M | -13.3M | 22.0M | 26.1M | -138M |
| Net addition/reduction (%) | — | -0.95 % | 0.61 % | -0.19 % | -6.18 % | -6.79 % | -0.76 % | 15.59 % | -0.10 % | 0.01 % | 15.69 % | -0.37 % | -1.81 % | 0.21 % | -0.19 % | 0.31 % | 0.36 % | -1.97 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.22 | 1.25 | 1.28 | 1.31 | 1.34 | 1.37 | 1.37 | 1.43 | 1.46 | 1.49 | 1.52 | 1.55 | 2.08 | 2.08 | 1.11 | 1.11 | 1.11 | 1.11 |
| Payout Ratio (%) | — | 79.67 % | 49.92 % | 257.91 % | 140.98 % | 52.64 % | 148.28 % | 76.43 % | 90.91 % | 40.88 % | 69.23 % | 107.08 % | — | 75.04 % | — | 56.50 % | 74.97 % | 37.26 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 9.51B | 9.67B | 9.92B | 10.2B | 10.2B | 9.70B | 9.55B | 10.2B | 11.8B | 12.0B | 13.4B | 14.9B | 15.0B | 15.1B | 9.86B | 8.14B | 8.21B | 8.18B |
| Dividend Yield (%) | 5.76 % | 5.82 % | 5.78 % | 5.78 % | 5.31 % | 5.14 % | 5.30 % | 5.44 % | 4.54 % | 5.03 % | 7.06 % | 5.22 % | 9.65 % | 11.10 % | 6.09 % | 6.63 % | 4.86 % | 4.50 % |
Figures in USD