On Tuesday, AT&T Inc. (NYSE:T)’s shares inclined 0.91% to $34.40.
AT&T Inc. (NYSE:T) declared that its board of directors has approved a 2.1 percent enhance in the company’s quarterly dividend.
AT&T’s quarterly dividend will enhance from $0.47 to $0.48 per share. The annual dividend will enhance from $1.88 to $1.92 per share.
“Our continued financial strength and outlook for strong cash flows give us the confidence to enhance our dividend for the 32nd successive year,” said Randall Stephenson, chairman and CEO of AT&T.
The dividend will be payable on Feb. 1, 2016 to common stockholders of record on Jan. 8, 2016.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
EMC Corporation (NYSE:EMC)’s shares gained 0.94% to $25.77.
EMC Corporation (EMC) declared that the Company’s Board of Directors has declared a quarterly cash dividend of $0.115 per common share. The dividend will be payable on January 22, 2016 to shareholders of record as of January 4, 2016.
EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It offers enterprise storage systems and software deployed in storage area netoperates (SAN), networked attached storage (NAS), unified storage combining NAS and SAN, object storage, and/or direct attached storage environments, in addition to provides a portfolio of backup products that support a range of enterprise application workloads.
KB Home (NYSE:KBH)‘s shares surged 1.27% to $12.40. KB Home (NYSE:KBH) is now worth about $1.13 billion. The share price has made a -3.13% loss in the past 5 days and has lost -25.08% since 2015 kicked off. Analysts are forecasting EPS growth of 8.81% for next fiscal year and 15.50% growth in the next 5 years. The stock trades with a beta of 2.09. The stock price is below by -15.52% as contrast to the average price over the last 200 days. The company has 15.30% gross margins.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
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