On December 11, 2007 AT&T announces that it would increase its divided per share by 12.7%. At the same time the company announced a $15.2 billion stock buyback plan. The stock price of AT&T closed up 4.1% on that day. Speculate as to why the stock price of AT&T rose only 4.1% while its dividends per share increased 12.7%

Answer rating: 100% (QA)

There are a few potential reasons why ATTs stock price only rose 41 on the day the dividend increase ... View the full answer