Income Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Income Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

brehm233

JSB

From: Affinity4Investing	11/2/2022 5:36:51 PM
	2 Recommendations Read Replies (2) of 52115

CTBB and CTDD owners...You may want to watch your holdings tomorrow. LUMN eliminated the dividend on the common stock today when they reported their numbers, so there will likely be movement in the already bashed-in tickers, tomorrow. As of today, both were yielding ~9.27%. Interesting that they have raised so much money thru sales of assets, yet announce this along with a share repurchase plan... Excerpt below: Subsequent Events Capital Allocation Update Eliminated stock dividend, there will be no dividend paid in the fourth quarter of 2022 Authorized an up to $1.5 billion, two-year share repurchase program Investing in growth initiatives while remaining relatively net leverage neutral Announced today that it had entered into an exclusive arrangement for the proposed sale of its EMEA business to Colt Technology Services for $1.8 billion Completed the $7.5 billion divestiture of its 20-state ILEC business to Apollo on Oct. 3

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next