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Re: bar1080 post# 2705

Tuesday, 05/18/2021 1:16:32 AM

Tuesday, May 18, 2021 1:16:32 AM

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AT&T said its dividend payout ratio, which was around 63% in the previous quarter, will be "re-sized" to account for the distribution of WarnerMedia assets into a new company. The remaining AT&T assets will aim to give shareholders a dividend payout ratio of between 40% and 43%, the company said, based on anticipated free cash flow of around $20 billion.

---The Happy Trader

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