T-Mobile Joins Telecom Peers in Dividend Club

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T-Mobile US said it will start paying shareholders a regular dividend starting later this year, joining peers like AT&T and Verizon.

The Bellevue, Wash., company said Wednesday it will authorize another $19 billion in payments to shareholders from the fourth quarter through the end of 2024. The payments will largely come in the form of stock buybacks, but will also include roughly $3.75 billion allocated for quarterly dividends.

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