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Replies to #2450 on AT&T Inc (T)

bar1080

09/26/20 12:34 PM

#2451 RE: leftovers #2450

Yes, due for an payout increase next Q which will likely be a token penny. You are correct that I don't buy 7% yielding stuff, but I've had a small amount of T for years via inheritance. T is my second worst stock since the March 2020 lows, among my 19 stocks. I'm certainly not adding more of it.

I know very little about T's current and wildly varied mish mash of businesses.

bar1080

10/08/20 1:41 PM

#2465 RE: leftovers #2450

Amazing how my rule against buying ulltra high yield stocks has paid off for me. My very low yield stocks -- those paying under 1% -- have far outperformed my higher yielding stocks. There are some exceptions. BRK yields nothing and it's done fairly poorly. UPS paid a hefty dividend and it's way up in recent months, due to CV.

My best stock in 2020 has been Carrier which has doubled. It yields about 1% which is probably about the sweet spot for both yield and appreciation.

Certainly won't be adding to my small ATT holding.