Akara Group International Prepares Investors for AT&T's Ex-Dividend Stock Trading Scheme
Tokyo, Japan, April 6, 2016 (Newswire.com) - Investors of the wireless communications firm AT&T, Inc. were informed that the company will begin trading on an ex-dividend status as of the 6th April this year. The cut off point for investors to qualify for the firm’s existing dividend distribution scheme is the close of business on Wednesday 6th April, suggesting that a late will surge in investor action will likely take place during the final hours leading towards the cut of date.
Akara Group International’s Chief Trading Analyst, Mr. Frank Winters, who has been preparing investors since AT&T’s announcement, shared his views on how the Tokyo based asset management firm expect the telecoms giant to perform for the foreseeable future.
A deeper looking on the company's financials strongly indicates that the stock price remains undervalued. However with the recent announcement to commence trading at ex-dividend status, our understanding is that the company is preparing itself for a lengthy period minimal growth
Frank Winters, Akara Group International, Chief Trading Analyst
“AT&T has rewarded investors for many years, and even in the face of a bear stock market over the past six months, the stock price has continued to outperform the industry sector, the S&P 500 and the Dow Jones. Year-to-date the stock price has increased a highly impressive 15 percentage points.”
“A deeper looking on the company’s financials strongly indicates that the stock price remains undervalued. However with the recent announcement to commence trading at ex-dividend status, our understanding is that the company is preparing itself for a lengthy period minimal growth.”
“For investors who qualify for the latest dividend distribution, we expect a 48 cent per share to be announced, essentially setting the divided yield at 4.92%. In comparison to the S&P 500 dividend yield average of 2.00%, investors will certainly enjoy their rewards almost 3 full percentage points higher than the wider average.”
For shareholders who are officially register on or before the cut off deadline, AT&T will release their dividend payments on the 2nd May 2016. In light of the future trading announcement the stock price still maintains a Buy status on the consensus of a number of key investment houses and Wall Street analysts.
Share:
Tags: Akara, Akara Group Int, asset management, AT&T, dividend, Tokyo