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bar1080

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bar1080

Re: leftovers post# 2696

Monday, 05/17/2021 4:35:03 PM

Monday, May 17, 2021 4:35:03 PM

Post# of 3288
"AT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal"

"here’s bad news for income investors: AT&T’s 52-cent-a-share dividend would be cut if its sale of WarnerMedia to Discovery goes through.

Still, AT&T (ticker: T) investors initially applauded the deal, announced Monday morning, as it would help the telecom company focus on its core and reduce its high debt burden. The stock was at $33 and change at around 11 a.m., up about 3% on the session. It currently yields 6.2%."

https://www.barrons.com/articles/at-ts-dividend-payout-stands-to-be-cut-nearly-50-in-warnermedia-deal-51621268533

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