Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site cbneb.UUCP Path: utzoo!watmath!clyde!burl!mgnetp!ihnp4!cbosgd!cbscc!cbneb!adm From: adm@cbneb.UUCP Newsgroups: net.invest Subject: Should AT&T cut its dividend? - (nf) Message-ID: <873@cbneb.UUCP> Date: Mon, 4-Jun-84 11:19:56 EDT Article-I.D.: cbneb.873 Posted: Mon Jun 4 11:19:56 1984 Date-Received: Wed, 6-Jun-84 05:27:01 EDT Sender: adm@cbneb.UUCP Organization: AT&T Bell Laboratories, Columbus, OHIO Lines: 15 #N:cbneb:13100002:000:521 cbneb!gdt Jun 4 11:14:00 1984 Many people I work with are concerned about their AT&T stock. I, myself, feel fine about it if one can hold out for 2 or 3 years. One thing I would really like to see done is have the company cut its dividend (say by 50%). Its yield of 7.7% is much too high for the type of company the new AT&T is setting out to be. Also, I believe the stock price would act favorably to such action. I'm interested in hearing other opinions on this subject, regardless of where you work or go to school. Thurman (cbosgd!cbneb!gdt)