07-11-2014, 10:14 AM
(07-11-2014, 10:02 AM)EricL Wrote: I think AT&T is a great value here at a 5.2% yield and I think the Direct TV merger and new product cycle from Apple will help its growth and hopefully provide upside to the dividend payout.
Fairly valued here, IMO. The slow earnings & dividend growth aren't anything to write home about but they're not going anywhere. However, every 3 months, they throw a good chunk of money at me and if you reinvest that helps with the slow dividend growth.
There's a lot of potential there if the greedy bureaucracy would get out of the way -- DirectTV, Uverse, wireless, etc.
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“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