In their report dated 10/19/13...at my Broker's, S&P rates win a strong buy...5.
We view the shares as compelling and see
WIN's $1 annual dividend as secure, despite
concerns that have arisen following dividend
cuts by several peers over the past few years.
We believe management is keenly focused on
structuring the business to support the divi-
dend. We expect its free cash flow payout to
decline to 66% in 2013, from 77% in 2012, and
think WIN has ample liquidity to support the
dividend, invest for growth, and moderately re-
duce debt leverage. We think its access line
base has been more stable than peers, and
business demand remains strong.
It may be because more and more people are finding out that this company is a PFIC..and you get the shaft if you hold it in an ira...taxwise.