This stock yields 10.38% with a 74% dividend payout ratio. It's selling for 81% of book value. Management paid off $1B in debt in Q1 '20. It has lagged the iShares US Telecom ETF (BATS:IYZ) and the S&P 500 (NYSEARCA:SPY) over the past year, quarter, month, year to date, and is 18% above its 52-week low.
CenturyLink (CTL) has had a rough go of it over the past several years, falling from the high $40s down to below $10 in the COVID-19 crash. CTL is a legacy telecom which has been transitioning into data services, in order to battle landline attrition. CTL provides various communications services to residential, business, wholesale, and governmental customers in the US and internationally. It operates in 2 segments, Business and Consumer.
Source: Seeking Alpha
Related Articles:
- International Diversification May Be Closer than You Think
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Three dividend-paying pharmaceutical investments to purchase amid the COVID-19 crisis avoid focusing solely on the top contenders for develo...
-
You don't need to pay a big price for a large payout. There are plenty of stocks trading in the single digits that continue to pay regul...
-
After a four-month run of steady gains, September brought sudden, sharp, losses across the board. The NASDAQ, which peaked over 12,000 on Se...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
-
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on div...
-
Recently, this stock has outperformed the US Telecom ETF, IYZ, over the past month and quarter, but it still lags IYZ and the S&P over t...
-
Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when ...
-
The current correction has provided a sweet entry point for buying into the 5G and cloud storage markets, where the best-of-breed stocks in ...
-
This stock has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Management was able to inc...
-
Looking for more security in the high yield space? Maybe you should consider preferred shares, particularly cumulative preferreds. This secu...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.