YieldMaxCalc
Calculator/T/Total Return

T Total Return Analyzer

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AT&T Inc. — See your real returns after distributions and NAV changes. Real yield: -5.7% (headline: 4.5%).

Price$24.66
Headline Yield4.5%
Real Yield-5.7%
NAV Change (1Y)-9.8%
T Total Return Analyzer

Your REAL Return

-5.7%

$-574.46

Distributions Received

$406.15

4 payments

NAV Change

-9.8%

$-980.61

Current Value

$9,425.54

365.90 shares @ $24.65

Yield Reality Check

Headline yield vs actual yield after NAV change

Headline

4.5%

Real

-5.7%

Distributions vs NAV — T

Blue = share value, green bars = cumulative distributions, green line = total value, dashed = original investment.

T DRIP calculator

Project T returns with DRIP

Pre-filled with live T data. Model 1, 5, or 10-year DRIP returns with after-tax math, adjustable yield assumptions, and Bull/Base/Bear scenarios.

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What does the T total return include?

T total return combines two components: the cumulative distributions you received from T over the holding period, and the change in NAV (share price) across the same window. Many high-yield funds advertise distribution rates that look spectacular in isolation but mask meaningful NAV erosion. The analyzer above shows exactly how much of your T return came from distributions versus price change — a 50% annualized distribution rate paired with a 30% NAV decline is a very different investment than a 50% distribution with flat NAV.

AT&T Inc. (T) is issued by AT&T. U.S. telecom giant — wireless, fiber, and business services. Cut its dividend 46.6% in 2022 after spinning off WarnerMedia (now Warner Bros. Discovery); no longer a Dividend Aristocrat. Annual dividend held flat at $1.11/share since the cut, forward yield ~4%, free cash flow covers the dividend ~2.4x. Management has prioritized debt paydown over dividend growth, but has signaled a $45B capital-return program over the next few years. That strategy directly shapes the gap between headline yield and real yield: option-premium and covered-call funds tend to show large gaps, while traditional dividend ETFs and index funds usually show small ones.

For the detail behind each payment, see the T dividend history. To project how future T distributions compound under DRIP, open the T dividend calculator.