tag:blogger.com,1999:blog-6097510160054715524.post8162967722785757267..comments2024-01-03T21:42:28.979-08:00Comments on DivGro: Recent Buy: AT&TFerdiShttp://www.blogger.com/profile/05008021146951839361noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-6097510160054715524.post-10289095106468232342020-02-20T08:12:59.951-08:002020-02-20T08:12:59.951-08:00This article was published in 2015. My current fai...This article was published in 2015. My current fair value estimate of $T is $43.FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-81384855500311758862019-10-09T01:08:08.419-07:002019-10-09T01:08:08.419-07:00Hi, would you mind to explain how did you calculat...Hi, would you mind to explain how did you calculate fair value of 33.95$? <br /><br />Thank youPakohttps://www.blogger.com/profile/02358655087030789163noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-69760093326552921322015-03-10T11:56:56.315-07:002015-03-10T11:56:56.315-07:00Aah, thanks for the clarification :-)
Aah, thanks for the clarification :-)<br />FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-87093063823504534272015-03-10T11:27:15.961-07:002015-03-10T11:27:15.961-07:00I was referring to the dividend growth rate that i...I was referring to the dividend growth rate that is low compared to dividend stocks I normally picked. Of course this stock has grown its dividend for an impressive number of years (31 as you pointed out) and that is why I wrote it was a nice stable one! ;-) Yes, the resumption of larger dividend increases is more than possible so no doubt it was a good move to add some for you!DivGuyhttp://thedividendguyblog.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-26503390251504168572015-03-06T06:46:28.447-08:002015-03-06T06:46:28.447-08:00Thanks for your kind words, BSR! I'm looking f...Thanks for your kind words, BSR! I'm looking forward to receiving my first expanded dividend from AT&T. With the yield over 5%, that's going to be a good one to get! I'm not too concerned with AT&T's slow dividend growth, as long as they continue to pay that yield and keep up with inflation, I'd be happy!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-69776992573377749492015-03-06T02:46:09.932-08:002015-03-06T02:46:09.932-08:00Excellent buy at great timing. AT&T is consecu...Excellent buy at great timing. AT&T is consecutive dividend growth proves its solid performance over the years and will continue! Thanks for sharing your detailed analysis Ferdi. I am always grateful to read your postings!<br /><br />BSRBeSmartRichhttp://www.besmartrich.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-31747128595374130702015-03-05T08:18:24.403-08:002015-03-05T08:18:24.403-08:00Hi DL -- thanks for commenting and for clarifying ...Hi DL -- thanks for commenting and for clarifying the payout ratio issue. I see AT&T's minimal increases in a positive light: the company understands how important dividend growth is for DG investors, yet it also needs to ensure future growth prospects through strategic repositioning and acquisition activity. <br /><br />For the time-being, I'm happy with the size of my AT&T holdings, so I won't be adding more shares anytime soon. <br /><br />Take care!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-5051322951196901232015-03-05T08:11:01.385-08:002015-03-05T08:11:01.385-08:00AT&T is a dividend grower -- its been growing ...AT&T is a dividend grower -- its been growing the dividend for 31 consecutive years. <br /><br />Now if you object to the recent anemic 4¢ a year increases, I would understand. Sometimes, established dividend growers with high yields need to temporarily reduce increases to afford strategic repositioning. Such growth could eventually result in the resumption of larger dividend increases.FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-77786793153070565582015-03-05T08:01:32.610-08:002015-03-05T08:01:32.610-08:00I haven't done my monthly analysis yet, so I c...I haven't done my monthly analysis yet, so I can't comment on VZ's prospects. However, I'm not currently looking to add more Telecommunications sector stocks, so unless VZ has very compelling stats, I probably won't add it anytime soon. FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-52848200055976604952015-03-05T07:54:46.664-08:002015-03-05T07:54:46.664-08:00I feel like that with several stocks -- but it is ...I feel like that with several stocks -- but it is important to wait for great entry points. KO and PG comes to mind. Patience is key, as you know. My discount to fair value on AT&T is a little less than the 5% I usually seek... in this case I wanted to get in before AT&T's share price jumped above my fair value again, which it did!<br /><br />Thanks for commenting!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-24148718671275804362015-03-04T18:22:02.647-08:002015-03-04T18:22:02.647-08:00Hi Ferdi,
Thank you for writing this detailed ana...Hi Ferdi,<br /><br />Thank you for writing this detailed analysis.I like AT&T for the long term too although they pay a little more of my annual dividends than I'd like due to their high yield so I've held off purchasing more for the time being.<br /><br />Their payout ratio based on EPS might be a little misleading - payout based on cash flow is better but still high (96%) and they do have a healthy cash balance. I'm sure they're under a lot of pressure to maintain their dividend levels, hence the minimum increases.<br /><br />I must say though that it's particularly nice receiving their dividend payments in the same month that they ask me to pay my phone bill!<br /><br />Best wishes,<br />-DLDividend Lifehttp://dividendlife.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-55432314494815019462015-03-04T13:07:22.916-08:002015-03-04T13:07:22.916-08:00It's a nice stable company, but I don't se...It's a nice stable company, but I don't see it like a growth dividend. Adding to your holdings at fair price is always a good option though so congrats on that!DivGuyhttp://thedividendguyblog.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-45887460444232196452015-03-04T10:23:20.774-08:002015-03-04T10:23:20.774-08:00I know T has been very popular among the dividend ...I know T has been very popular among the dividend blogging community because of its enticing initial yield. Though dividend growth is slower you still are getting a pretty nice total return over time. Curious to know if VZ will be added as well. Thanks for sharing.DivHuthttp://divhut.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-89771030712245235912015-03-04T10:16:31.174-08:002015-03-04T10:16:31.174-08:00Every time I've got to snag T or VZ the price ...Every time I've got to snag T or VZ the price isn't where I want it to be. Both in December, and a month ago, I've missed some decent entry points on these two telecom giants. Something to be rectified this year if at all possible.<br /><br />Thanks for sharing your research on the fundamentals. The rest of North America (Mexixo especially) holds huge potential depending on how the acquisitions shake out.writing2realityhttp://www.writeyourownreality.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-654806043293662542015-03-04T07:24:36.252-08:002015-03-04T07:24:36.252-08:00Hi, R2R -- thanks for commenting. Considering what...Hi, R2R -- thanks for commenting. Considering what AT&T has done lately, I think its unfair to discount it as stagnant. In fact, I think they're positioning themselves for significant growth (DirecTV, Nextel Mexico, huge FCC spectrum auction investment, etc.), which should translate into sustainable dividend payments and, who knows, better than just token dividend increases...FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-15807170884789874332015-03-04T07:19:04.545-08:002015-03-04T07:19:04.545-08:00Hi Pip -- thanks for stopping by. I'd be inter...Hi Pip -- thanks for stopping by. I'd be interested to hear your take on the DirecTV purchase and the potential impact on AT&T and it's dividend. As I pointed out above, I'm not so concerned about the token penny increases. The dividend yield more than compensates, in my view. Take care!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-67646227353057753352015-03-04T07:17:01.475-08:002015-03-04T07:17:01.475-08:00Really like this purchase, FerdiS. I am bullish on...Really like this purchase, FerdiS. I am bullish on T as well and want to add to my positions. The yield is juicy and its hard to beat by others. I think lot of ppl are discounting it off as a stagnant company, but I think its got a lot to give. I expect the rev to grow over the coming years.<br /><br />Best wishes<br />R2RRoadmap2Retirehttps://www.blogger.com/profile/14379818667071736766noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-45310578083051492642015-03-04T07:13:32.740-08:002015-03-04T07:13:32.740-08:00Thanks Dfs -- with its excellent yield and dividen...Thanks Dfs -- with its excellent yield and dividend record, AT&T certainly is one of the great choices for dividend growth investors. Some will object to the slow pace of growth, but, in my view, the yield more than compensates. I counterbalance my AT&T holding with other dividend growth stocks that grow faster but yield less. FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-42898457765625987672015-03-04T05:20:56.451-08:002015-03-04T05:20:56.451-08:00Ferdi,
Looks like you were able to buy in to AT&...Ferdi, <br /><br />Looks like you were able to buy in to AT&T at a good price. I'd like to add more to my position but need to do a lot more research on what the DirecTV purchase can add to their operations. I expect it to do well but need to learn more about it and see what management has to say. If they could start giving more than the token $0.01 increases I'd be much happier with AT&T. Hopefully DTV can add that as well as their car connectivity that they seem to have cornered as well. I don't expect 10% annual growth or anything but if it could bump back up to the 4-6% that would be awesome. Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-4136468617599051952015-03-04T04:51:50.868-08:002015-03-04T04:51:50.868-08:00Hey Ferdi,
Nice analysis and great buy.
AT&T...Hey Ferdi,<br /><br />Nice analysis and great buy.<br /><br />AT&T is amongst the few stocks I call my fundamentals. These are the companies I started this journey with. They are all Aristocrats with a nice yield and/or growth potential.<br /><br />Best wishes,<br />DfSDividend for Startershttps://www.blogger.com/profile/01367068409161257275noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-17415178128038377702015-03-03T21:53:56.265-08:002015-03-03T21:53:56.265-08:00Thanks for commenting, Scott, and for the complime...Thanks for commenting, Scott, and for the compliment! AT&T is a solid dividend growth company, with an excellent yield and a dividend growth rate essentially matching inflation. I think its a good stock for a DG portfolio, provided you counterbalance it with some solid dividend growers. <br /><br />Good luck and take care!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-83715725853490499982015-03-03T21:48:09.702-08:002015-03-03T21:48:09.702-08:00Excellent buy and great write-up! I'm a fan of...Excellent buy and great write-up! I'm a fan of Seeking Alpha and your research is definitely on par or better than many of the published articles there. T will be among the next stocks that I consider. I don't yet have a position in it, but it would be nice to recoup some of the expenses from cell phone, Internet, and TV in the form of dividends.Scotthttp://www.twoinvesting.comnoreply@blogger.com