business all operating like c-ap. great job randy and john.
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And TM says hi too...@70's
Stock repurchase plan has been cancelled.
https://www.fiercewireless.com/operators/at-t-decides-now-s-not-a-good-time-for-share-buybacks
Remember, they bought back stock, they accelerated paydown of debt, and they paid a dividend. The dividend will be the last of those 3 items to be affected. I don't see it reaching that point. At the current price, I like the stock. What am I going to do, stick the money in a 0% bank account?
Plenty of cash flow for dividends.
Dividend in trouble? Nah! Ratty will just borrow unlimited $ to pay out the dividend, and he will throw a few hundred million extra to enrich himself and Stinky!
VZ says hi in the 50s a share.