Posted on 05/17/2021 6:52:50 AM PDT by Red Badger
I bought a bunch of AT&T just about a year ago at 29.40 solely for the 7% dividend. For reasons still unclear to me, they may be slicing the dividend payment in half with this deal. I’m not a happy camper especially since the stock ended up down for the day
Wow had no idea the dividend was that much, I would not put it past att to slice up the dividend
“at $30.00 a share Att might be a good buy now”
Unfortunately they just cut the dividend by half which makes it about 1% lower than what Verizon pays out, so I think AT&T will drop several more points. Could easily go to 25.
I just sold my T and rolled into VZ....better 5G and the board of T is woke and stupid. Very stupid.
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