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WATCHING FOR AT&T ISSUE

Minimum wage starter job: Learning what you DON”T want to do the rest of your life.

February 12, 2020. AT&T (T) has announced they will be issuing a new series of fixed rate preferred stock. This will trade under the permanent ticker of T-C when it finally hits the big board for trading. The issue will trade on the OTC Grey market prior to the big board. We may buy this but the yield is expected to be on the low side—UNDER 5%…..the common stock pays 5.45% so this preferred is not necessarily a huge bargain.

We will provide the temporary ticker when available. Note that we already hold two ATT Corporate Bonds in the Core Portfolio.

NOW IN OUR 8TH YEAR. NOTE TO NEW READERS:  Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. Don’t forget to hit the like button. Go Here For “About Our host WordPress is running ads in the blog and we receive NO compensation from this advertising.

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