# AT&T financial performance and dividend trends

> Live situation record from CLSTR: https://clstr.news/situations/att-financial-performance-and-dividend-trends
> Updated: 2026-08-23T13:15:00.000Z. Sources: 3. Developments: 2.

AT&T has been identified as a notable dividend pick due to its yield, which was initially noted at approximately 4.8% alongside a 37% payout ratio. 

By the second quarter of 2026, the company reported strong financial results, with adjusted earnings per share of $0.65 surpassing analyst expectations. Quarterly revenue rose 2.3 percent year-over-year to approximately $31.56 billion. During this period, the dividend yield was estimated to have increased to between 5.8% and 6.2%. The company has also focused on debt reduction, lowering net debt from roughly $170 billion in 2021 to approximately $120 billion, supported by the divestiture of non-core assets and growth in wireless and fiber broadband sectors.

## Claims

- AT&T reported an adjusted earnings per share of $0.65 in Q2 2026, exceeding the consensus of $0.59. (single source)
- Quarterly revenue rose to $31.56 billion, a 2.3 percent increase compared to the previous year. (single source)
- AT&T achieved an operating profit of $7.038 billion in Q2 2026. (single source)
- Net profit attributable to common shareholders was $4.591 billion in Q2 2026. (single source)
- AT&T's net debt has fallen from approximately $170 billion in 2021 to roughly $120 billion today. (single source)
- The company pays roughly $0.2775 per share quarterly, producing an annual yield near 6 percent. (single source)
- The 36% trailing 12-month payout ratio suggests the answer is yes. (single source)
- AT&T has passed over 25 million locations with fiber. (single source)

## Timeline

### 2026-08-23: AT&T reports strong Q2 2026 earnings and maintains high dividend yield

AT&T reported strong Q2 2026 results, with adjusted EPS of $0.65 and revenue of $31.56 billion, while continuing its debt reduction strategy and maintaining a high dividend yield near 6%.

3 sources. https://clstr.news/cluster/att-reports-strong-q2-2026-earnings-and-maintains-high-dividend-yield

### 2026-08-04: AT&T and Choice Properties Highlighted as Top Dividend Picks

AT&T offers a 4.8% yield and stable telecom earnings; Realty Income provides diversified REIT exposure; Canada’s Choice Properties REIT yields 4.9% with strong occupancy and income growth.

2 sources. https://clstr.news/cluster/att-and-choice-properties-highlighted-as-top-dividend-picks

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Cite as: AT&T financial performance and dividend trends. CLSTR, https://clstr.news/situations/att-financial-performance-and-dividend-trends