07-22-2019, 05:00 PM
(07-22-2019, 04:24 PM)lucas03 Wrote: just bought 50 shares of CTL at 11.33, read a bit about their optical cables in US and seemed a good buy. Though it's not in a CCC list
It's not on the CCC list because CTL has cut the dividend twice in the last ten years, and by 53% in March.
It has a junk BB credit rating and negative growth.
Don't be enamored by the 8.8% yield, it's a trap.