Quote:
Originally Posted by TNGary
Company has numerous times, CEO, confirmed commitment to 6-7% dividend.
Q1 was on the upside
high debt but appears able to manage debt and still have some free cash flow.
Any thoughts as a stock to purchase?
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All stocks are a matter of opinion. I recall reading no one is right all the time. To make money you just need to be right more often then you are wrong.
Are you asking about T? I hold some. Some of what I hold is worth more than I paid for it. Some is worth less than my cost not counting the dividends. I bought the new lower priced shares intending to have as many shares at a lower cost and have the taxman share part of my loss. To date it has not reached my sell price. Preserving the high dividend? Promises do not mean much. Right now they are borrowing money to pay the dividend. There are always buyers and sellers. If, you are buying perhaps you will end up with the shares I am selling when they hit my ask price.
We all want safety and stocks that only go up and of course pay a great dividend. Reality is so truly rude and real.