Wednesday, February 20, 2013

Did CenturyLink Just Become A Gold Mine To New Investors?


Last week CenturyLink, Inc. (CTL) did the unthinkable by slashing the dividend in favor of a more flexible stock buyback program. In response, investors slashed the stock price 26% to correspond with the dividend cut. Were investors being rational?

Per the company, it is the third largest telecommunications provider in the United States and is recognized as a leader in the network services.

Read the full article at Seeking Alpha.


Disclosure: No positions. Please review the disclaimer page for more details. 



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