The paragraph below was from an e-mail I received from The Street Authority. As a long, i don't like to read that :(
But even in this group, looks can be deceiving. AT&T, Inc. (NYSE: T), which has maintained or boosted its dividend for 21-straight years, quite suddenly looks vulnerable to a range of competitive headwinds. Short sellers now appear to be anticipating that the dividend needs to be reduced in the coming year.
fitfunactive, they don't even have to raise it, just don't cut it. half a penny raise is still fine with me.
Safest div around? LOL. Are you serious? Diversify is my advice.
gbeardjr, I agree and the CC spent a lot of time talking about the div and the excess coverage for it. Any long really should listen to the CC. It can be found on the KMI website. Listening to that CC just makes the blowhards on here sound even dumber than they are.
And all the negative post on RK leaving, was old news anyway. RK clearly says in the CC he isn't going anywhere, he isn't selling shares, hasn't sold shares. Sounds more to me like a close knit team and he is giving the sidekick a chance to be CEO but you can bet RK is pulling the switches, using his connections to find these deals. How much you wanna bet he and Hamm know each other fairly well.
Longs for peace of mind go listen to the CC
Isn't it funny how people whine over their cell phone bill, gasoline, and then they buy a $6 cup of coffee. Amazing how phuckedUP that it. $6 dollars and a TIP jar on the counter TOO FUNNY
"You can't make this stuff up"
Why not? you sure do!
efmutton, as a long I can only say, BAC holders said the same bfore it went like this:
10/6/08 dividend cut 50% to 32 cents
1/15/09 dividend cut to 1 cent
8/6/14 div raised .01 to .05
The above is why you diversify
that's why i have said all along I like VZ CEO better than T. VZ div safer.
Where has Jon Corzine disappeared to? or is that also fabricated? Did Tim pay his taxes yet? Did the A.G. really go to Ferguson and no one went to France? yeah. great pres. great priorities, great job dividing us.
The Quote of the Decade:
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies.
Increasing America's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
~ Senator Barack H. Obama, March 2006
garce, so did you get any kmi yet? i just don't get your ge desire. that ceo is amongst the worst i have ever seen.
vza i passed, went with jpm.pr.c & wfc.pr.j instead
no news? competitio heating up & vz earnings
I can see that dingbat treturd posting but i have him on ignore, bet he's angry as usual with me. KMI up, sold T 34.22, bought more back 33.45, hey treturd SUCK IT!