Saturday, February 6, 2010

Dividend Play Update

At&t is looking really cheap right now. At the current price the dividend yield is 6.6%, yum. Also it looks like their deal with Apple will continue an extra year at least. Providing the Iphone is creating a loyal following to use their voice and more profitable data services. Plus once a user buys an Iphone it can't be transferred over to another cell provided so they are locked in to using AT&T for awwhile. PE is low and the company is solid! I like all these factors for the long term. Happy investing. Tony

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