Thursday, August 16, 2012

Is The AT&T Dividend Safe?

Bloomberg West had a great interview with the Oracle Investment Research Chief Market Strategist Laurence Balter discussing the huge debt loads at AT&T (T). The company now has $61B in debt and the lowest cash balances in years. See the video below:




This blog has pointed out similar concerns with the balance sheets and dividend payouts of AT&T and Verizon (VZ) numerous times. These companies should be paying down debt instead of paying out cash to shareholders.


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