Windstream Corporation (WIN): One Heck of a Dividend Play
From Insider Monkey - Free Hedge Fund and Insider Trading Data
December 28, 2012 - 5:26pm
Windstream Corporation (NASDAQ:WIN) has a very high dividend – yielding close to 12% – that scares a number of investors, which has only exacerbated the telecom’s downside. The stock has lost close to 30% year to date. Despite the company’s 400% payout ratio on an earnings basis, the annual dividend payout is only $588 million, [...]
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