Company: AT&T Inc. (T)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: The wireless business contributes about two thirds of AT&TÕs revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements. -Morningstar.com-
Symbol: T
Recent Price: $19.17
Dividends: $1.11
Yield: 5.79%
Sector: Communications Services
Industry: Telecom Services
Address & Company Phone #: 208 South Akard Stret Dallas TX 75202, 210-821-4105
Transfer Agent: Computershare 800-351-7221
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Every 7 days beginning varies
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $3 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Phone or Mail for $10+10¢/sh.
52 Week High & Low: $18.81, $13.43