CenturyLink: Absurd 14.5% Yield
Since Jeff Story took over the CEO role last year, CenturyLink (CTL) has done everything to raise free cash flows. The stock continues heading lower based on irrational fears due to 5G broadband and dividend concerns.
The CEO confirmed at the recent Citi conference that financial targets of growing cash flows are on track. The stock is back to the 2018 lows. Use the weakness to snap up a large dividend now at 14.5%.
Disclosure: Long CTL. Please review the disclaimer page for more details.