AT&T Inc (T)

[tinojax]

T will reduce dividend by 38% max (NOT 50%) according to this article excerpt:

In June, AT&T’s CFO Pascal Desroches said that once the deal was completed, the remaining entity will have a dividend payout ratio of 40 to 43% , compared to the current ratio of 64.5%.

Do the math.............

This will be a great dividend at current prices.