The divie made SKT look attractive.
No divie, SKT share price may look rather ugly.
The question will be how much slack will their current shareholders cut them ? I suspect this will be based on an estimation of when they might be able to turn things around and re-establish their dividend. People who need the dividend and have a well diversified portfolio can accept 1 or maybe 2 periods with out a dividend. Beyond that, they will be evaluating whether to hold them pretty carefully. The competition from Spark and others….the way they have annoyed some of their customers....they've got a tough road ahead. Can they turn this around in 12 months ? Doubtful IMO.
Disc: Not holding but do monitor as an interested ex-customer.
The question will be how much slack will their current shareholders cut them ? I suspect this will be based on an estimation of when they might be able to turn things around and re-establish their dividend. People who need the dividend and have a well diversified portfolio can accept 1 or maybe 2 periods with out a dividend. Beyond that, they will be evaluating whether to hold them pretty carefully. The competition from Spark and others….the way they have annoyed some of their customers....they've got a tough road ahead. Can they turn this around in 12 months ? Doubtful IMO.
Disc: Not holding but do monitor as an interested ex-customer.
if spark gets the best sports content offering i would say the days are numbered for skt. cutting the div altogether is normally the a big warning sign of a company in trouble
The future looks bad. The product is average at best. Sunset company. You can use Google to get realtime content for virtually no cost. Even watered down Netflix is better.
Only Baby Boomers have subs? What is defensible...?
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