12-21-2013, 06:38 PM
I've owned T for a couple years now. Trimmed a little a few months ago and added that to some cash to get into RCI since I wanted a little more diversity and growth in the telecom sector.
When I first purchased it, my thought was to reinvest the dividends for a few years and then use it as an ATM to produce cash for other purchases. I'm a little disappointed by the dividend growth. I'm thinking they will get back to a little higher DGR if they don't waste it on ill-conceived acquisitions. The T-Mobile fiasco was a big hit to cash flow and can't believe they thought they'd get that past the regulators.
We hold VOD in my wife's portfolio and I'm still trying to figure out the best course of action. We'll hold it until after the next dividend since it's already ex-dividend and then decide. If T does make an offer for VOD, that just may make us exit both positions.
When I first purchased it, my thought was to reinvest the dividends for a few years and then use it as an ATM to produce cash for other purchases. I'm a little disappointed by the dividend growth. I'm thinking they will get back to a little higher DGR if they don't waste it on ill-conceived acquisitions. The T-Mobile fiasco was a big hit to cash flow and can't believe they thought they'd get that past the regulators.
We hold VOD in my wife's portfolio and I'm still trying to figure out the best course of action. We'll hold it until after the next dividend since it's already ex-dividend and then decide. If T does make an offer for VOD, that just may make us exit both positions.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan