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

To: E_K_S who wrote (33101)	10/22/2020 1:37:07 PM
From: robert b furman	Read Replies (1) \| Respond to of 34328

Hi E_K_S, If and when the stock price drops to a yield approaching 7.25%, they have my permission to load up on historic low 2% 10 year debt, and buy a boat load of cheap stock. The savings from not paying the dividend would retire the debt. If FCF grows along with the dividend savings, it seems that the 10 year debt would retire quite quickly. As you, I too am very peased with their Q3 numbers. More wireless subscriptions than VZ and HBO continues to beat expectations as debt goes down 2.9 billion. One of the best stock price reactions I experienced and I've owned T for 3-4 years now. Thanks for your comforting view! <smile> Bob