at $30.00 a share Att might be a good buy now
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
“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.