AT&T (T) will raise its quarterly dividend by 2.4 percent to $0.43 per share in 2011. This marks the 27th consecutive year of annual dividend increases by the company.

The next dividend will be paid on February 1, 2011 to shareholders of record on January 10, 2011. Last year AT&T hiked its dividend by one cent to 42 cents per share quarterly.

AT&T Inc. is a global provider of communications and digital entertainment. The company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide. Its services and products include wireless communications, data/broadband and Internet services, digital video services, local and long-distance telephone services, telecommunications equipment, managed networking, and wholesale services.