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The debt is an issue but management also knows this and seems interested in paying it down. Time will tell if they do or not
I guess it could be worse. They could have diluted this thing and raise the outstanding shares into the billions and then reverse spilt like most pink scams do.
Hopefully that will lead to an increase in dividends. :)
I get your point but the 6% yield for a blue chip caliber stock was to good to pass up. I get it that they don’t raise the dividend much year after year but they do raise it. I’m sure there are better dividend plays out there but I’m also sure there are worse.
Exactly. The pps is irrelevant when one is holding long term for the dividend. AT&T has been lying dividends for decades like you said and will probably be paying dividends for decades to come
AT&T pushed to unload DirecTV as troubles mount, Dish may be best option
https://www.foxbusiness.com/features/dish-seen-as-best-option-for-att-to-unload-directv
“AT&T denies that claim and downplayed the significance of the strike's impact on its total workforce, because AT&T Southeast's 20,000 striking workers represent less than 8% of AT&T's employees...”
"We’ve systematically and thoroughly planned for a potential work stoppage and have a substantial contingency workforce of well-trained managers and vendors in place," the company said in its statement. "We’re prepared for a strike and will continue working hard to serve our customers."
https://www.theadvocate.com/baton_rouge/news/business/article_c19eb642-c80c-11e9-9a70-2f7ca09f6244.amp.html
Is there a chance they slash it tho?
That’s what I’m hoping for when I bought in recently. One concern is them socialist on the left wanting to drastically change the medical tho
Looks like they typically payout the dividend on November 1st
https://www.dividend.com/dividend-stocks/technology/telecom-services-domestic/t-atandt/
One of the best fast food places imo and management listens to its customers. Brought back them spicy nuggets I love lol. They have been remodeling some stores in my area too which can be a good sign.
“AT&T Inc. is weighing a sale of its regional sports networks as part of a plan to cut as much as $8 billion in debt by the end of the year, according to people familiar with the matter.”
https://finance.yahoo.com/news/t-considers-selling-regional-sports-164644687.html
Looks like a lot of insider buying here as of late too.
Good point
Dividends not too shabby either while waiting
They just spent 63 billion. It will take time for the company to make that money back from the newly acquired company. Just a thought
Maybe bc 5G is still a couple years away or maybe bc of the uncertainty with sprint T mobile merger idk. Just a couple of thoughts
Silver prices have spiked. If it can hold, it should be good for silver mining stocks.
https://finance.yahoo.com/news/silver-price-forecast-silver-continues-174809879.html
“British American Tobacco (BAT), the world’s No. 2 tobacco company, on Wednesday warned of steeper declines in cigarette sales globally mainly due to waning demand in its main U.S. market, sending its shares lower.”
https://www.reuters.com/article/us-brit-am-tobacco-outlook/bat-warns-of-steeper-declines-in-cigarette-sales-shares-slip-idUSKCN1TD0NH
“Resorts World Catskills in Sullivan County is looking forward to the impact of sports betting after the New York State Gaming Commission voted on regulations this week.
The practice, deemed legal by the Supreme Court a year ago, was approved for four upstate casinos.
Now county officials are hoping that will translate into more business for the facility. It's been operating with large deficits, but Sullivan County Partnership President Marc Baez said he's expecting sports betting to change that.
"We're hoping it's going to attract more people to the casino, different people that might not otherwise come for this particular reason,” said Resorts World Catskills President Marc Baez. “And expose them to other assets of Sullivan County that we certainly want people to come and cherish and participate in."
Each casino will need to obtain a wagering license in order for sports betting to begin.
That is expected to happen later this summer”
https://www.baynews9.com/fl/tampa/business/2019/06/13/resorts-world-catkills-banking-on-sports-betting-to-improve-business
A Few Key Takeaways From KeyBanc's Visit To Wendy's HQ
https://finance.yahoo.com/news/few-key-takeaways-keybancs-visit-194523089.html
“Pandora will give Sirius XM a stronger footing in streaming, a market that's been tough for the sat-rad darling to crack on its own.”
https://www.foxbusiness.com/markets/upgrading-sirius-xm-stock-is-the-right-call.amp
“What happens to the stock?
The short answer is that most of the time, the stock of a company in Chapter 11 becomes worthless and shareholders get completely wiped out. Purchasing stock of a bankrupt company for pennies per share and hoping to make a quick buck when the company restructures almost always turns out to be a bad idea.”
https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx
Legacy Reserves to file for bankruptcy as oil and gas price downturn prompts financial restructuring
https://www.marketwatch.com/story/legacy-reserves-to-file-for-bankruptcy-as-oil-and-gas-price-downturn-prompts-financial-restructuring-2019-06-11
Aetna Uncertainty Is Keeping CVS Stock Way Undervalued
https://finance.yahoo.com/news/aetna-uncertainty-keeping-cvs-stock-111009502.html
Yea I always thought Cody as a top tier mid carder at best but really has been crushing it since he left wwe. AEW just sold out their next show in what under 15 minutes. I wonder if it’s best for Vince to focus solely on the XFL and let HHH run the whole company. Would that be best for WWE creative and the product as a whole? Idk but they seem to have done a good job at alienating some of their talent. I’m saying when Bryan dropped the belt to Kofi and then on the next PPV you have Bryan in the kickoff show just seems like a waste.
Hedge Funds Are Selling Las Vegas Sands Corp.
https://finance.yahoo.com/news/hedge-funds-selling-las-vegas-175337949.html
Pennies are a good way to throw away your money. Better of going to the racetrack or give it to charity.
Not yet. There will be eventually imo
“GLUU shares did plummet following the release of its Q1 financial results in early May, despite topping our revenue estimate and matching on earnings. The selloff can be attributed in part to many shareholders taking profits after GLUU’s stellar run from under $2 a share in December 2016 to $11.22 per share on May 6. Looking ahead, our current Zacks Consensus Estimate calls for the firm’s adjusted fiscal 2019 earnings to soar 250% to touch $0.35 per share on nearly 18% revenue expansion to reach $452.82 million. And Glu Mobile’s positive longer-term earnings estimate revision activity helps it earn a Zacks Rank #2 (Buy).”
https://finance.yahoo.com/news/5-best-stocks-under-10-183006140.html
“Silver markets fell rather hard during the session on Monday, slicing through the $14.75 level, showing just how difficult it’s going to be to continue to go higher. What’s even more interesting is that the candle stick from the day wiped out a couple of very bullish candlesticks. As the market continues to show the $15 level as important, a certain amount of attention needs to be paid to this place. Quite frankly, the candle stick for the Monday session is crucial, because if we can break down below it I think that we could go down to the $14.50 level.
The alternate scenario is that we try to recover, but it’s obvious that the $15 level will be very difficult to break above, and ultimately I believe that the markets continue to be very scattered as far as appetite is concerned, and of course risk aversion. This is a market that seems to have a lot of negative pressure above it, as silver has not been able to rally as much as Gold had been in the past. There is a lot of synthetic short positioning in this market via derivatives, so it does struggle to rally longer-term. However, if we were to break above the highs of the session on Friday, then we probably go looking towards the $15.33 level which is the 200 day EMA. Overall, I think it is going to be a day-to-day situation, but clearly Monday has been a shot across the bow of the bullish traders, and therefore I think a pullback is probably more likely than not.”
https://finance.yahoo.com/news/silver-price-forecast-silver-markets-162432590.html
Yea I am thinking about holding for the dividend as well but what are you concerns about the pps long term?
Yea I like some of the potential growth here with 5G potential and streaming services for WarnerMedia. Definitely some competition in those fields tho. I agree with your thoughts on REITs. Was looking at O which doesn’t have as high of a yield but those stocks seem volatile. The stocks that have interested me for long term dividends are XOM, KO, NWN and JNJ. What’s your opinions on dividend reinvestment plan?
Reverse Split
What are some of your dividend players if you don’t mind me asking? Yield rate currently pretty decent tho for T.
Definitely right as being diluted. I thought of it more as over saturated but WWE might be to big for its own good in regards to creative. AEW creative sounds more like Vince in the older days of WWE. Moxleys interview was no real surprise about his criticism of WWE creative and Vince. I think many hope maybe AEW can give WWE a kick in the pants like WCW did in the late 90s
Without a doubt going to be real competition. Looks like its going to be an edgier product and the boys will have some greater influence. Things will be getting interesting in the next couple of years. The potential is there and I think many who follow wrestling feel a shift maybe coming.
Yea there is some great long term opportunities and the dividend ain’t to bad either. Might get cheaper in the next few months or at least I hope lol
Yea I get what your doing. Sell now and buy more on the dip to accumulate more shares. Good idea.