Frontier Communications: High Yielding Dividend Still Safe

Frontier (NYSE: FTR) announced a deal with Verizon Communications (VZ) in May 2009. Frontier acquired approximately 4.8 million access lines from Verizon, tripling the size of the company. The all-stock transaction was valued at approximately $8.6 billion and closed July 1, 2010. Go here for more detail.

In our first article we concluded, “The dividend is safe in the near term. Longer term depends on how successful they are at integrating the remaining parts of SpinCo and whether they fall short of their 2011 guidance.” This article examines two areas the dividend is dependent on; operational results and pension liabilities.
…..Continue Reading at SA


About IIEX

Click "About" in the menu at the top for more information about the author. We also have a page at "Seeking Alpha" ( ). Please Click on and read the "Disclaimer" in the menu at the top. Have a question? Contact us at
This entry was posted in FTR, Stocks. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s