It sounds like the dumbest investment strategy in the world: buying shares of companies that have recently slashed their dividends. Executives, after all, loath to cut their distributions. Such actions signal a big problem in the business. And because such measures anger shareholders, it often triggers an investor stampede for the exit. That said, such situations sometimes create opportunities.
Case in point: CenturyLink Inc (NYSE:CTL). The telecom company has struggled for years with falling sales, tighter margins, and a big debt load. That forced management to cut the company’s dividend by more than half last year. The thing is, this might have created an opportunity for income hunters. Thanks to the plunge in CenturyLink’s stock price, CTL stock now yields a fat 7.7%. But can the company sustain even this lower payout? Let’s dive into the financials.
Source: Income Investors
Related Articles:
- Successful Investors Take The Emotion Out
- 5 Under-Valued Dividend Growth Stocks
- Dividend Stocks vs. a Safe Distribution Rate
- 5 Select High-Yield S&P 500 Dividend Stocks
- High-Yield Managed Distribution Policy Funds
Dividend Growth Stocks News
- 2 Magnificent S&P 500 Dividend Stocks Down 20% to Buy and Hold Forever - AOL.com - 7/25/2025
- Down on dividend investing? Here’s why you shouldn’t be - The Globe and Mail - 7/25/2025
- Best Stocks for Women Investors Best Performing Dividend Stocks - Unmatched market performance - PrintWeekIndia - 7/25/2025
- Best Dividend Stocks Automated Stock Picking System - Superior portfolio returns - PrintWeekIndia - 7/25/2025
- Top Dividend Stocks in India AI Stock Market Guide - Free Stock Market Real-Time Monitoring - PrintWeekIndia - 7/25/2025
- Duke Energy (DUK) Dividend Stock Analysis - 7/25/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
The Skinny on This Fat 7.7% Yield
Posted by D4L | Thursday, October 03, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.