I don't understand why T is being so severely punished!! Any credible explanations? I would have thought T would have gone up over the next few weeks to be more in-line with the value conferred in VZ's $130B buy out of VOD. Didn't T have about $20B in free cash flow last year? What the heck is going on?
I think you just started that rumor. T has increased the dividend more than a penny every year for the past thirty years and they are now only paying out only 72% of the earnings per share. There is no reason to believe that dividends will not go higher next year.