Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Suma who wrote (6160)	10/21/2010 3:59:59 PM
From: Bocor	Respond to of 34328

Message 26891425 FTR

To: Suma who wrote (6160)	10/21/2010 7:05:19 PM
From: chowder	Read Replies (2) \| Respond to of 34328

I saw the CEO of FTR in an interview on Mad Money about a week ago. She said that FTR's dividend was safe. She said the company was committed to being a high yielding company. She also said that they probably wouldn't be raising the dividend for the next two years, but after that, she expects to start raising it again. The next two years will show them upgrading the properties received from VZ. Based on her stated conviction to hold the dividend steady and then continue raising it in the future, I added to my position. With a current yield of 9%, I can tolerate two years of steady dividend payments, especially when the CEO says that FTR is committed to being a high yielding company.