Dividend Aristocrat AT&T (T) will raise its quarterly dividend by another 2.0 percent to $0.52 quarterly per share in the first quarter of 2020. This will mark the 36th consecutive year of annual dividend increases by the communications company.

The dividend is payable on February 3, 2020, to stockholders of record at the close of business on January 10, 2020. The annual dividend will increase from $2.04 to $2.08 per share and yields 5.4% at a stock price of $38.26.

AT&T Inc. is a global provider of telecommunications, media and entertainment, and technology products. The company's four operating units are WarnerMedia, AT&T Communications, AT&T Latin America and Xandr. WarnerMedia is a media and entertainment company that creates and distributes content to global audiences through its consumer brands including: HBO, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim, Turner Classic Movies and others. AT&T Communications provides U.S. consumers with entertainment and communications experiences across TV, mobile and broadband services. Also, it serves business customers with high-speed, highly secure connectivity and smart solutions. AT&T Latin America provides pay-TV services in Latin America and the Caribbean, and is a wireless provider in Mexico, serving consumers and businesses. Xandr provides marketers advertising solutions for consumers around premium video content and digital advertising through its AppNexus platform. AT&T,  formerly SBC Communications Inc./Southwestern Bell Corporation, has paid a dividend every year since at least 1984.