It's not a recommendation. I just came across this stock called Uniti Group which is acquiring, constructing fiber optic, and broadband networks and engaged in REIT as well, its market cap is 856M, and a dividend yield of 16.37%.
Recently on March 9th, the CEO brought two hundred 25 thousand stocks
Worth nearly a million dollars.
All the reports recommending to sell this stock.
The dividend is paid on a quarterly basis.
As of march 21st, the stock trades at 3 dollars 70 cents. The FFO payout ratio is 61%.
please tell me in the comment whether it is worth a buy or not?
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