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What is the symbol for AT&T preferred stock?

Instead of rolling over some debt, it issued $1.2 billion of preferred stock in December in the form of depositary shares — financial securities — that trade on the New York Stock Exchange under the symbol T/PA.

People also ask, does AT&T have preferred stock?

AT&T Inc. (NYSE: T) (“AT&T”) announced today a proposed registered public offering (the “Offering”) of depositary shares, each of which represents a 1/1,000th interest in a share of its Perpetual Preferred Stock, Series A, $25,000 liquidation preference per share (equivalent to $25.00 per depositary share).

Also Know, what is a preferred stock represent? The term “stock” refers to ownership or equity in a firm. There are two types of equity – common stock and preferred stock. Preferred stockholders have a higher claim to dividends or asset distribution than common stockholders. The details of each preferred stock depend on the issue.

Similarly, what type of account is preferred stock?

Stock preferred as to assets is preferred stock that receives special treatment in liquidation. Preferred stockholders receive the par value (or a larger stipulated liquidation value) per share before any assets are distributed to common stockholders.

How do you calculate preferred stock?

For example, a 5 percent dividend rate equals 0.05. Once you have the decimal amount, multiply the rate by the stock’s par value. To figure out how much you’ll earn per quarter, simply divide the answer by four. You can then multiply the number by however many preferred stock shares you own.

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