AT&T Increases Quarterly Dividend 2.2 Percent

31st straight annual increase reflects strong cash position, solid balance sheet

DALLAS--()--AT&T Inc. (NYSE:T) announced today that its board of directors has approved a 2.2 percent increase in the company’s quarterly dividend.

AT&T directors increased the quarterly dividend rate from $0.46 to $0.47 a share on a quarterly basis, or an increase from $1.84 to $1.88 per share on an annualized basis.

“Returning value to our shareholders is a top priority and we’re pleased that this is the 31st straight year we’ve increased our quarterly dividend,” said Randall Stephenson, chairman and CEO of AT&T.

The dividend will be payable on Feb. 2, 2015 to common stockholders of record on Jan. 9, 2015.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the network with the nation’s strongest LTE signal as well as the nation’s most reliable LTE network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best global wireless coverage, based on offering roaming in more countries than any other U.S. based carrier, and offers the most wireless phones that work in the most countries. It also offers advanced TV service with the AT&T U-verse® brand. The company’s suite of IP-based business communications services is one of the most advanced in the world.

Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://about.att.com or follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2014 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

Reliability and signal strength claims based on nationwide carriers’ LTE. Signal strength claim based ONLY on avg. LTE signal strength. LTE not available everywhere.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

Contacts

AT&T Inc.
Fletcher Cook, 214-912-8541
fletcher.cook@att.com

Contacts

AT&T Inc.
Fletcher Cook, 214-912-8541
fletcher.cook@att.com