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Frontier Communications Corporation Message Board

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  • artemiagrower artemiagrower Jan 30, 2012 6:10 PM Flag

    When FTR announces full divi how

     

    I don't think it works that way. You don't "reply to" S&P. You run your business, and S&P rates your credit.

    Now, if you are talking about informing shareholders that they will be reducing the dividend to restore their credit rating, you have a winner.

    Otherwise, you talkin' trash, foo.

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    • "When FTR announces full divi how 1 minute ago





      I don't think it works that way. You don't "reply to" S&P. You run your business, and S&P rates your credit.

      Now, if you are talking about informing shareholders that they will be reducing the dividend to restore their credit rating, you have a winner.

      Otherwise, you talkin' trash, foo"

      FTR is a creature of debt. There is no way that FTR will simply declare its regular divi and say nothing about a change in its debt rating by S&P. I'm sure a lower rating would jack up FTR's bank borrowing rates and have a rate increase running thru all of its internal projections that it delivers to its bankers for the $750 mil line.

      If FTR were to experience a debt downgrade by S&P it would hurt the stock -- haven't you noticed the 17% yield? This yield is not due to mass hysteria -- FTR has a cash flow problem that has broken the stock. It now yields more than 2 times WIN! Open your eyes -- they overpaid for VZ and like S&P I think competition is taking share from FTR.

 
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