Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
All the way down to 0.05 per quarter -- a yearly yield of just 2% since the stock reacted to the announcement by staying at 10.00, pretty much where it's been trading for a month. Daniel Jones, at https://seekingalpha.com/article/4250281-uniti-group-dividen... , opines the dividend cut's a good idea because it will let UNIT greatly reduce its debts. I guess time will tell!
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.