Replies to post #2769 on AT&T Inc (T)

[bar1080]

Right Leftovers. Paying 8% strongly suggests the div will be cut, and maybe soon.

Did you notice the locals who claimed they were "loading the boat" with AT&T a few months ago have quietly disappeared? Also Verizon, a Dow 30 component, is suffering too. VZ yields about 5%, another red flag.

VZ

[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.