T is never going to be a growth stock and it has under performed the market year in and year out. It will always act like a bond. So if your happy just to collect the dividend and make $200 a year in dividends per 100 shares then so be it. For the last 5 years its performance is at 3.1% compared to the S&P 500 13.40% annual return. If you take away the dividend it would be down every year lol.
But with many other names being down big the last 2-3 months; to me there are way better opportunities out there to buy. I can name at 20 stocks that are buys at the moment that gets you both growth and a 2%+ dividend.
That's just my opinion. I'm sure others will think differently.
But with many other names being down big the last 2-3 months; to me there are way better opportunities out there to buy. I can name at 20 stocks that are buys at the moment that gets you both growth and a 2%+ dividend.
That's just my opinion. I'm sure others will think differently.