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Non-Tech : Income Investing

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BoarDog
To: BoarDog who wrote (43405)6/26/2020 2:33:57 PM
From: E_K_S1 Recommendation   of 52052
 
Re: I added another 1,000 shares of CTL - hard to resist under $10 and yielding 10%.

I got filled at $9.51/share. Plan is to let this trade back up above $10/share and let some of my hi cost shares go. Last run down in March got a few at $ 8.85-$8.95. Div is safe w/ their FCF especially as they refinanced some debt pushing it out several years.

I like the sector especially w/ Both Dems & Republican wanting to expand Broadband for all. May see some type of stimulus bill to build out more broadband and use CTL's dark fibre. Also 5G to the home needs to be connected (through Cell Tower) to CTL's dark fiber. It's a winner either way for CTL IMO.

EKS
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