For those of you investors who hold positions in this stock for the dividend it currently generates, a 10.7% yield, likely to continue at its current rate of .75 per share? What is the current dividend payout ratio? Do they have sufficient "free" cash to maintain the current dividend?As an investor seeking income, who like so many of us now enjoys a diminished "earned income" stream, I may need to consider moving my money elsewhere.
Although I have only been an investor since 1965, this information should prove useful to you in your decision making process.I've posted this link before to illustrate FTR's dividend history.Hope it helps you and others.http://phx.corporate-ir.net/phoenix.zhtml?c=66508&p=irol-dividends
This is the first time I post and would like to thank for a constructive writing. A lot of garbage is posted most of the time.