Young and Older Folk Portfolio Message Board

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Strategies & Market Trends : Young and Older Folk Portfolio

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agniv

KeithX

To: misscbd who wrote (9)	4/20/2021 8:28:07 PM
From: chowder	2 Recommendations Read Replies (1) of 21906

@misscbd ... T isn't the second largest position, it's the 7th largest. T has grown over time through various ways, it has been held a long time, for a time it was on dividend reinvestment, and I did add to the position on many occasions. It doesn't bother me if T has a frozen dividend, I can handle that with a 7% yield, to me it's better than a 2% yield with 10% dividend growth. I treat T like I do a CEF, most of them don't increase distributions but the yield makes them worth holding, same thing for T as far as I am concerned.

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