I hated to give up the nice, fat dividend but there is just too much uncertainty now surrounding this controversial merger and the safety of the dividend.I'm looking at BCE.Any opinions?tia and good luck to all the CTL longs.
Neither CTL nor Q shares will move up until they mutually decide that this deal needs to be dropped because it wasn't well thought out. The only winners are the ones getting the golden parachutes.
You look smart today. Get to buy it back at a much lower price.
That's the best thing, is to get out when you can. I was out on the news.This will end like Worldcom?
If you're a US citizen, I believe Canada withholds 15% tax on the divvy.Check out before you buy. If true, just more paperwork to file for tax credit form 1116, or take a itemized deduction.Look at NTLS or CNSL as alternative...pays good steady divvy but smaller companies. IWA has a fat divvy until another company decided to gobble them up.I bought CTL for the divvy...but CTL might have bit off more than they can chew...billions and billions in debt. If CTL goes <30, watch out!Just my 2 cents.