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Strategies & Market Trends : Dividend investing for retirement
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To: JimisJim who wrote (10666)12/31/2011 4:37:26 PM
From: sinclap  Read Replies (1) of 34328
 
JimisJim.. Thanks for the reply. Good to see that you are still around and participating.

Seems that FTR's focus on servicing the rural needs is a captive market for them with very little or no competition. I am debating to get in or wait later next year when the dividend picture becomes clear. Even at current share price, the PE is high at 34. Do you think the share price has hit bottom or more downward pressure?

I have changed my focus to entirely dividend holdings and away from mutual funds and non divvy.
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