Quote:
Originally Posted by Kenswing
I've been in ATT for years. I just couldn't help myself and bought a couple hundred shares at $28.25. lol.. I figure a 7% dividend and a P/E ratio of 14 it's worth the risk. I might even put in another buy order for $28. I'm just a glutton for punishment.
Heck I'm even considering taking a small position in GE. At the current price the only downside is bankruptcy.. lol
I still have several years until retirement. I can be patient.
|
I get it.
You really did make me look. T is almost at its 52-week low. And, sure enough, thereya go, dollar-cost averaging.
I have been meaning to look up whether T has ever cut its dividend.
I never looked at GE after its first dividend cut — years ago. I am sad to see the demise of that big, trusted company that gave good jobs to so many people.