Dividends4Life: Should You Worry About CenturyLink's Dividend?

Dividend Growth Stocks News

CenturyLink (NYSE: CTL ) totally waxed Wall Street's earnings estimates in the first quarter. Adjusted earnings rang in at $0.68 per share, well beyond the average analyst target at $0.58. Revenue of $4.6 billion was right in line with the Street view. Just to rub it in, management raised earnings and cash-flow guidance for the second quarter just north of current analyst targets.

One thing the telecom industry is known for today is its tempting dividend yields. This company's generous 7.6% dividend is powered by very solid cash flows. This quarter, CenturyLink paid out exactly half of its free cash flows in the form of dividends -- a safe and, most importantly, sustainable level.

Source: Motley Fool

Related Articles:
- 2011 Dividend Increases Nearly Doubled, and 7 Dividend Stocks that Led the Way
- 6 Dividend Stocks For The New Year
- Bonds Look Morbid When Compared To These Dividend Stocks
- The 2012 Dividend Aristocrats
- Best Stocks for 2012

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.