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AT&T News Items
AT&T to Release First-Quarter 2023 Earnings April 20
We will release our first-quarter 2023 results on Thursday, April 20. Earnings release and related materials will be available on Investor Relations.
Key Takeaways:
- AT&T will release its first-quarter 2023 results on April 20
- AT&T will webcast a conference call to discuss results
AT&T* (NYSE:T) will release its first-quarter 2023 results before the New York Stock Exchange opens on Thursday, April 20, 2023. The company's earnings release and related materials will be available at AT&T Investor Relations.
At 8:30 a.m. ET the same day, AT&T will host a conference call to discuss the results. A live webcast of the call will be available at AT&T Investor Relations, and the webcast replay and transcript will be available following the call.
AT&T Declares Dividends on Common and Preferred Shares
DALLAS, The board of directors of AT&T* (NYSE:T) today declared a quarterly dividend of $0.2775 per share on the company's common shares.
The board of directors also declared quarterly dividends on the company's 5.000% Perpetual Preferred Stock, Series A and the company's 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. The Series C dividend is $296.875 per preferred share, or $0.296875 per depositary share.
Dividends on the common stock and Series A and Series C preferred stock are payable on May 1, 2023, to stockholders of record of the respective shares at the close of business on April 10, 2023.
The board of directors also declared an annual dividend on the company's Fixed Rate Reset Perpetual Preferred Stock, Series B, of €2,875.00 per preferred share. Dividends on the Series B preferred stock are payable on May 2, 2023, to shareholders of record as of the close of business on April 13, 2023.
AT&T Illinois to Pay $23M to Settle Federal Probe
Federal prosecutors say AT&T Illinois has agreed to pay a $23 million fine to resolve a probe into its alleged illegal efforts to influence former Illinois House Speaker Michael Madigan
AT&T Illinois has agreed to pay a $23 million fine to resolve a federal probe into its alleged illegal efforts to influence former Illinois House Speaker Michael Madigan, prosecutors announced Friday.
The U.S. Attorney's office in Chicago said in a news release that under the agreement, the company admits that it arranged to make payments to an associate of Madigan, who was one of the state's most powerful political figures at the time, in exchange for Madigan's help in pushing through legislation the company was seeking.
In exchange for agreeing to pay the fine, prosecutors suspended their criminal case against the company alleging that it used an interstate facility to promote legislative misconduct. If, after two years, the company “abides by certain conditions, including continuing to cooperate with any investigation related to the misconduct alleged in the information,” the charges will be dropped.2.8K
According to prosecutors, AT&T admits that in 2017, it arranged for a Madigan ally to receive $22,500 in payments through a lobbying firm that had done work for the company. Prosecutors contend that arrangement was made to “disguise” why the ally, who didn't work for the company, was being paid.
“AT&T Illinois acknowledged in the agreement that AT&T Illinois’s then-president used an interstate facility to facilitate Madigan’s indirect receipt of a thing of value, namely the payments made to his ally, in exchange for Madigan’s vote and influence over a bill,” the U.S. Attorney's office said in the release.
