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World's Largest Telecom Provider Underperforming Market - Why?

Posted on 8/27/21 at 12:15 pm
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
70175 posts
Posted on 8/27/21 at 12:15 pm
AT&T symbol T

It's down 9% in the last year.

S&P is up 29%.

DJI is up 25%.

You can do the same spread over 5 years and the gap is even worse.



What's going on? Is T the new F?
Posted by C
Houston
Member since Dec 2007
28009 posts
Posted on 8/27/21 at 12:27 pm to
Is this a serious question? They are spinning off profits. They performed horribly in the acquisition of directtv. What have they done well?
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
70175 posts
Posted on 8/27/21 at 12:39 pm to
quote:

Is this a serious question?


Yes

quote:

They are spinning off profits.


What does this mean, and why?


quote:

They performed horribly in the acquisition of directtv


ok



quote:

What have they done well?


I don't know, just asking some questions here. Why does my question seem to irritate you?
Posted by C
Houston
Member since Dec 2007
28009 posts
Posted on 8/27/21 at 1:38 pm to
quote:

does my question seem to irritate you?


Cause I own it!
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47216 posts
Posted on 8/27/21 at 1:39 pm to
Took on massive debt to buy DirecTV and then sells it for half that a few years later.

Took on massive debt to buy time Warner to spin it off later..

They literally been running the company into the ground
Posted by el Gaucho
He/They
Member since Dec 2010
56725 posts
Posted on 8/27/21 at 2:07 pm to
Att is cringe baw


Anyone who’s ever dealt with them has nothing but bad experiences
Posted by Drizzt
Cimmeria
Member since Aug 2013
14325 posts
Posted on 8/27/21 at 9:27 pm to
It’s a dividend stock. Sucks if you bought it 2 years ago and now have a huge loss but I don’t see it going down from current level. It’s paying 7% now. I’ll take that all day from a stock with little volatility I can easily liquidate. It’s basically a high paying bond. I buy it every time it’s around $27 just to add to my holdings.
This post was edited on 8/28/21 at 10:14 pm
Posted by Marcus Aurelius
LA
Member since Oct 2020
3900 posts
Posted on 8/27/21 at 9:41 pm to
quote:

It’s a dividend stock.


Wlll that DIV % continue?
Posted by Joecornbreadbrown
Member since Aug 2021
585 posts
Posted on 8/27/21 at 10:21 pm to
The street says the dividend will be cut. I sold.
Posted by Drizzt
Cimmeria
Member since Aug 2013
14325 posts
Posted on 8/28/21 at 12:03 am to
The dividend has been safe for a long time. Realistically if it’s cut from 7.7 to 6.5….it’s still a great dividend. I think it’s more likely they don’t increase the dividend but I still think T and XOM are great dividend stocks.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15175 posts
Posted on 8/28/21 at 3:51 am to
Where are you getting a minor drop in Dividend? This is the consensus on the Div Cut coming early 2022.
quote:

AT&T shareholders are looking at a dividend that is almost half of the current dividend. So, if we estimate that the dividend is cut approximately in half, investors will have a dividend yield slightly below ~4% at the current stock price. This is not bad in absolute terms, but it is much lower than the current dividend yield of ~7.3%.


This is a major reason people bailed on this stock. That and some bad deals
Posted by Drizzt
Cimmeria
Member since Aug 2013
14325 posts
Posted on 8/28/21 at 5:33 pm to
bullshite. No way the dividend is cut to 4%. I’ll believe it when I see it…which will be never. It’s a classic case of floating a fuzzy number so that when it’s less than that people feel relieved. Even if it’s cut to 5% dividend to reduce debt that is still a great dividend and they will grow it from there. I plan to buy more of this just for income from the dividend. I hope there is a huge sell off when the new dividend is announced so I can buy more cheap. The P/E is 8. It’s a money making machine. You keep buying some overpriced tech stock with a P/E greater than 50 and I’ll keep buying value.

Edit: I just put in a limit order for 2000 shares at $20. Please sell off.
This post was edited on 8/28/21 at 10:11 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
15175 posts
Posted on 8/28/21 at 7:53 pm to
quote:

Realistically if it’s cut from 7.7 to 6.5


Where are you showing its being cut to 6.5 only ? Don't see it it dropping to $20.00 but don't see it heading into the high 30's anytime soon. It is a great value but a lot of people were upset with Div cut. I think in a few years if the spinoff goes well the div will be back to where it was or maybe even better. I Put this in google. here's what it showed:

This post was edited on 8/28/21 at 8:11 pm
Posted by Drizzt
Cimmeria
Member since Aug 2013
14325 posts
Posted on 8/28/21 at 10:10 pm to
I think you are googling wrong
Posted by oklahogjr
Gold Membership
Member since Jan 2010
39390 posts
Posted on 8/28/21 at 10:20 pm to
Going nowhere fast you're essentially getting a large dividend st this point which is great but with no price movement or major dividend growth.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15175 posts
Posted on 8/29/21 at 4:41 am to
quote:

I think you are googling wrong

No finding your result will be much harder
Posted by BayouNation
Member since Sep 2008
2080 posts
Posted on 8/30/21 at 3:12 pm to
You ever used their website for billing or technical support? Endless cycle of useless endless cycles!
Posted by audioaxes1
Member since Jul 2019
233 posts
Posted on 8/30/21 at 4:21 pm to
another strategy to help your T holdings is selling covered calls while using your shares as leverage.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10372 posts
Posted on 8/30/21 at 4:32 pm to
quote:

bullshite. No way the dividend is cut to 4%. I’ll believe it when I see it…which will be never.


I recall a lot of GE stockholders with this mindset and it didn't go well for them. T has had terrible top management and has that changed?
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