Key takeaways

  • Management expects $18 billion+ for 2026, which covers the $1.11 annual dividend per share.
  • Net debt to adjusted EBITDA (debt measured against a year of operating earnings) rose to 3.13x after a $23 billion spectrum purchase from EchoStar (NASDAQ:SATS).
  • AT&T cut its quarterly dividend from $0.52 to $0.2775 starting with the April 2022 ex-dividend date, after it spun off its media business.

Some of the steadiest dividend checks come from bills people pay every month without a second thought. Phone service gets paid.

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