Electricity Trading | Wall Street Oasis
Shares of troubled telecom Frontier Communications Corp NASDAQ: We do not view this as sufficient to drive long-term delevering and have removed the dividend from our model after 1Q In fact, you can bet that yield will tick up even more, because a dividend cut will almost surely spark additional selling.
WIN and Centurylink Inc NYSE: While cash flow has been enough to cover the dividend, those debts are mounting and need addressed. If FTR runs into financial difficulties, down the road, dividends would be sacrificed to pay the debt.
As of this writing, Robert Martin did not hold a position in any of the aforementioned securities. Article printed from InvestorPlace Media, http: Financial Market Data powered by FinancialContent Services, Inc.
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