I've accumulated a large size position in T as a dividend Aristocrat over the last 2- 21/2 years. I've sold far out in time money with the hope of getting them assigned to me, and they have been.
T has reduced debt, increased free cash flow,and now is reducing the shares issued when acquiring Time Warner.
When they have bought back the shares issued, T will have gobbled up an 85 billion acquisition and will have a huge cash flow, all while building the biggest and fastest 5G nationwide system.
This is a monster of a company slowly doing all the things right.
My favorite number was the dividend payout dropped below 50%(46%).
That's quite a very safe reliable dividend yield that is yielding 6.34% in my account.
Additionally I like the sale of preferred stock yielding 5%.
I'm not buying the preferred, as I think this will fund the stock repurchase plan,which will benefit the price of the common.
I thought the drop in price today was unjustified.
Randall Stephenson is a much underrated CEO IMO.
His goals for the company are very conservative and have a superior track record of being achieved.
HBO max is the big question mark to me.
The track record of the management group makes me think that the launch will be surprisingly powerful.
A library of content twice the size of HBO now - is a significant statement from today's webcast.
A very nice solid company that offers an excellent dividend yield that is solid and a share buyback program that will soon put the price of T starting with a 4 IMO.
Good to see posters here at this incredibly GREAT American Company.