What I Am Buying Today.

[fenders53]

(10-11-2021, 12:12 AM)crimsonghost747 Wrote:

(10-10-2021, 07:11 AM)fenders53 Wrote:  I think it will come with about zero dividend but we shall see.  

This was confirmed in one of the first investor calls relating to this spin-off. One of T's big boys said it clearly that the spin-off company will not pay a dividend at first. Of course things can change as time goes by, but I think it's pretty safe to assume a zero dividend for the first couple of years.

The market heard us chatting about T.  That was a nasty post ex-div dip.  They announced the plans too soon IMO.  I think the income only oriented retirees are going to find a better yield trap.  I think we may see a slow bleed to the low 20s.  It's really starting to smell like GE even thought the BIZ is not nearly that bad at this point IMO.