This Telecom Giant Will Return Over $45 Billion To Shareholders Between 2026 And 2028, Announces Strong Q4 Earnings

The move comes after the company reported strong fourth-quarter earnings driven by growth in its 5G and fiber broadband businesses.
In this photo illustration, a smartphone displays the logo of AT&T Inc.
In this photo illustration, a smartphone displays the logo of AT&T Inc. (Photo illustration by Cheng Xin/Getty Images)
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Shivani Kumaresan·Stocktwits
Published Jan 28, 2026   |   7:08 AM EST
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AT&T Inc. (T) announced on Wednesday that it plans to give back more than $45 billion to shareholders between 2026 and 2028 through dividends and stock buybacks.

The move comes after the company reported strong fourth-quarter (Q4) earnings driven by growth in its 5G and fiber broadband businesses as more customers embraced bundled connectivity. 

Shareholder Returns Plan 

AT&T expects to keep its yearly dividend at $1.11 per share and plans to buy back billions of dollars in shares, starting with about $8 billion in 2026.

In Q4, the company reported $33.5 billion in revenue and an earnings per share (EPS) of $0.53. Both the figures exceeded the analysts’ consensus estimate of $32.91 billion and $0.47, respectively, according to Fiscal AI data. 

Following the earnings, AT&T stock traded over 3% higher in Wednesday’s premarket. 

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