$31.33 is the supposed magic number to watch.Personally i don't think we'ill ever hit it unless there is a crash in the market,but then again W#$%$.Be patient.
The only question is will T continue to pay $1.84 or not.If the div. is secure we are talking about a 5.75% return on capital!!! If they half their div. to .92cents T gets interesting at about $27 a share.Personally i believe the div. is secure and it's a screaming buy but then again one can be wrong.It all depends on the numbers plugged in. AIMVHO
Perceived as a utlity or minimal growth company which one buys for the div. i myself disagree but i am very wary of them taking on more debt, VOD. as an example.FWIW
You're not alone.Below $32 is 5.75% div.25x what i get in a savings account. FWIW
At $32.32 or less it'is the gift that keeps on giving.FWIW
Hit $33.5 today.Looking for $33 or below tomorrow,preferably $32.5 for accumulation.FWIW