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 the past year and so far in 2020. It yields 9.21% and is selling at 87% of Book Value. The debt leverage improved again in Q2 2020.
CenturyLink (CTL) is a legacy telecom which has been transitioning into data services, in order to battle landline attrition. It provides various communications services to residential, business, wholesale, and governmental customers in the US and internationally. In the digital COVID environment, CTL's fiber and data assets are in demand, which continues to help offset its legacy segment losses.
Source: Seeking Alpha
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. They’ve been ...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.