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Strategies & Market Trends : Dividend Growth Investing and chit chat.
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To: rnsmth who wrote (1785)12/15/2021 7:48:14 PM
From: cemanuel1 Recommendation

Recommended By
TchM2Rd

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D, I sold all of my D soon after they made the annoucement.

Same here. My reasoning was pretty simple. They sold - been a while so I may be off on specifics - a third of the company's cash flows.

On-third of a company I own gone.

In return I - and other shareholders - got nothing. Except a sharply reduced dividend.

Even T, garbage stock that it is, isn't pulling that. Shareholders will at least get a stake in the new company.

I do not consider T a shareholder friendly company.

But it is more shareholder friendly than D.
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