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Strategies & Market Trends : Dividend investing for retirement

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To: robert b furman who wrote (33254)12/13/2020 11:18:58 AM
From: E_K_S1 Recommendation

Recommended By
geoffrey Wren

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I own T and LUMN (the new ticker for Centurylink). Both in the telcom sector but LUMN focused on broadband. Dividend yields for both high.

T Payout Ratio58.26% (Trailing 12 Months of Earnings)
65.00% (Based on This Year's Estimates)
63.80% (Based on Next Year's Estimates)
20.59% (Based on Cash Flow)


LUMN Payout Ratio75.76% (Trailing 12 Months of Earnings)
67.11% (Based on This Year's Estimates)
73.53% (Based on Next Year's Estimates)
18.45% (Based on Cash Flow


You can see T not bad. Both companies struggling w/ lots of debt.

I found this new stie that has good info on dividend history (NOTE: Use the tabs for selecting different categories)

Notice how CVX has a very large payout ratio but still not too bad when you look at cash flows. Oil prices & CapX spending impact their payout ratio.

CVX Payout Ratio82.30% (Trailing 12 Months of Earnings)
N/A (Based on This Year's Estimates)
204.76% (Based on Next Year's Estimates)
23.22% (Based on Cash Flow)
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The other thing I will be watching is if there will be changes to the Tax rates on dividends (for Seniors) since Bank Savings rates at/near 0% or even changes in Retirement Accounts.

That is one (of many) of the uncertainties I see in the new administration. Also I expect many States will need to raise taxes that may/could impact dividend income.

Taxes can wipe out dividend income streams and Federal/State & Counties are drooling at the mouth trying to figure out how they can eat into those income streams.



(RIP Smith Barney - Morgan Stanley Smith Barney, has been renamed Morgan Stanley Wealth Management 9/25/2012)
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