Quote:
Originally Posted by DAVES
Any answer here would be to short to be of any real value. I currently hold (T) a commitment to hold the dividend and not cut it, is a statement. It is not binding or a guarantee. Depending on when I bought my shares some are worth more than I paid and others are worth less than I paid. Neither counts the dividend I do not drip dividends. My view since we no longer pay commissions dripping makes zero sense.
As far as the dividends, (T) is borrowing money to pay it-not a good business model.
I have decided to sell my most expensive shares and take the tax loss. In every stock trade there is a buyer and a seller. If, you are buying and it hits my price your shares may well be very local.
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Update 5/4/21 T hit my sell price Low for day 31.55 high 32.08, close 32.02. I sold my most expensive shares today at 31.99. Whoever bought them, they are up nine cents a share-good for them.. Would be amusing if they are still in the villages.