Out Fox The $treet

CenturyLink continues to see hidden benefits from cutting the dividend, including the recent rolling over of 2022 debt at lower rates. The company forecasts a revenue inflection point in key divisions. The stock trades at an attractive EV/EBITDA multiple of 5x. CenturyLink  ( CTL ) continues to prove the value in cutting the dividend at the and beginning of the year and speeding up the path to repay debt as the company makes progress on a major cost transformation project following the purchase of Level 3. The financial position of the telecom continues to improve reinforcing the  bullish investment thesis . The stock is only a major inflection point in the company returning to revenue growth away from a strong rally. Read the full article on Seeking Alpha.  Disclosure: Long CTL. Please read the disclaimer page for more details. 

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.

CenturyLink fell 10% following Q3 results despite boosting FCF targets. The company remains on track for reaching merger synergy targets including a large boost to EBITDA margins. The stock weakness provides investors with a healthy 11.4% dividend yield. My   previous research   highlighted how the market had bizarre reactions to the quarterly reports of   CenturyLink   ( CTL ) and Q3 was no different. Despite all key metrics improving, the market chose to focus on the company pruning low-margin customers. Use the weakness to again own this massive 11.4% dividend yield. Read the full article on Seeking Alpha.  Disclosure: Long CTL. Please review the disclaimer page for more details.   

Frontier Communications completed a reverse split on Monday. The stock has been absolutely beat up due to this move and a dividend cut. The market needs to focus back on cash flows. Back in May,  my thought  was that  Frontier Communications  ( FTR ) was attractively priced below $1.50. My major concern in owning the telecom stock was a lingering shakeout from the dividend cut and reverse split that has the stock hitting new lows now. Read the full article on Seeking Alpha.  Disclosure: Long CTL. Please review the disclaimer page for more details. 

CenturyLink ended 2016 down at the lows, as the market was unimpressed with the company's decision to purchase Level 3. The 9% dividend appears easily supported after the deal closes, based on free cash flow analysis. A recent analyst price target provides ample upside that is a bonus with the large dividend. CenturyLink  (NYSE: CTL ) ended 2016 in the dumps. The market didn't fondly view the company's proposed merger with  Level 3 Communications (NASDAQ: LVLT ), sending the stock down to the lows from the start of the year. Even after the 6.6% gain on the first trading day of 2017, CenturyLink still offers a nearly 9% dividend yield. Should investors rush into the stock at around $25 per share? Please read the full article on Seeking Alpha.  Disclosure: Long CTL. Please review the disclaimer page for more details. 

CenturyLink trades down after guiding to a mixed earnings picture. The local telecom continues to generate substantial cash flows that support the large 7.5% dividend yield. Use the weakness to own the telecom with the better yield. For a relatively large, yield-oriented stock, CenturyLink (NYSE: CTL ) trades in a very volatile manner. After  Q1 earnings , the stock is down around 8% despite sporting a large dividend yield. Read the full article on Seeking Alpha.  Disclosure: Long CTL. Please read the disclaimer page for more details.

The top 10 net payout yields had a larger loss than the benchmark index in January. . The top 10 net payout yield stocks average yields of 20.8% to start February. . Motorola Solutions continues to hold the highest yields at 38.6%. . This article is a continuation of a monthly series, highlighting the top net payout yield (NPY) stocks, that was started back in June 2012 (see  article ) and explained in August 2012 (see  article ). The series highlights the best stocks for the upcoming month utilized in part to make investment decisions for the  Covestor model  that is now beating the S&P 500 for five out of the last six years. Please review the original articles for more information on the NPY concept.  Read the full article on Seeking Alpha.  Disclosure: Long AAL, AIG, BBY, CBS, CTL, GM, KSS, M, MSI, NTAP, QCOM. Please read the disclaimer page for more details.

CenturyLink smashed Q4 estimates and increased guidance for 2016. Despite a big rally, the stock still offers a higher dividend yield than the large domestic wireless providers. The recommendation is to continue owning CenturyLink until the yield falls into the range of the telecom giants. The market rejoiced the that  CenturyLink (NYSE: CTL )  reported a  blowout EPS  number for Q4. The telecommunications provider had seen the stock collapse with the market despite a large dividend that was supported by cash flows.  Read the full article on Seeking Alpha.  Disclosure: Long CTL. Please read the disclaimer page for more details.

Summary CenturyLink continues returning large levels of capital to shareholders. The recent stock declines has pushed the dividend yield above 6%. Investors should buy stock alongside the company at the current levels around $35.   CenturyLink (NYSE: CTL ) traded down following a mixed Q1'15 report . As usual, the quarterly numbers aren't monumental considering the telecom has limited growth and relatively stable operations. The bigger focus is always the capital returns and cash flow generated by the telecom assets.  Read the full article on Seeking Alpha.   Disclosure: Long CTL. Please read the disclaimer page for more details.

Summary CenturyLink reported Q414 results that continued some negative trends. The telecom giant continues to produce substantial free cash flow despite a lack of growth. The stock has downside protection with a 5.5 dividend yield and a large approved stock buyback plan. The recent quarterly results of CenturyLink (NYSE: CTL ) are starting to show some cracks in the previously stable operations that offered investors high yields. The telecom giant is still struggling with the shift from legacy access lines to modern services like high-speed Internet and pay-TV services. Combined with a large stock buyback and the hope of a REIT spinoff, the stock soared above $44 during the summer. Now, however, the results are starting to lag and the buyback spending is slowing. The latter is not a good sign for a highly rewarding spinoff that would make the current stock price around $40 attractive. Read the full article at Seeking Alpha. Disc...

Summary Top net payout yield stocks outperformed the market in August. The top ten net payout yield stocks average 12.6% yields to start August. CF Industries and Illinois Tool Works jumped to the top of the list with massive stock buybacks.  This article is a continuation of a monthly series highlighting the top net payout yield (NYSE: NPY ) stocks that was started back in June, 2012 (see article ) and explained in August, 2012 (see article ). The series highlights the best stocks for the upcoming month. Please review the original articles for more information on the NPY concept. Read the full article at Seeking Alpha. Disclosure: Long CTL, KSS, NLY, NOC, SDRL, TRV, WLP. Please review the disclaimer page for more details.

Summary CenturyLink continues growing high-speed Internet and video customers. The company is following the path of DirecTV with strong buybacks. Stock remains attractive with a net payout yield of 10%.  The recent agreement by AT&T (NYSE: T ) to purchase DirecTV (NASDAQ: DTV ) for nearly $50 billion highlights a couple of trends that investors can utilize with other stocks. The obvious trend is that video customers are in high demand these days. The not so obvious trend is that stock buybacks are once again proven to be an effective tool of value creation for shareholders.  Read the full article at Seeking Alpha. Disclosure: Long CTL, DTV.  Please review the disclaimer page for details.

Summary CenturyLink reported Q2 '14 earnings. Solid results back opinion that investors should continue owning the stock. Research anticipated that results would be unexciting, but strong enough to produce returns for shareholders. Read the full update on Seeking Alpha.  Disclosure: Long CTL. Please review the disclaimer page for more details.           

The provider of local data and voice services might have limited growth prospects, but CenturyLink ( NYSE: CTL     ) continues to innovate to maintain high levels of free cash flow, or FCF. The stock has recently surged following strong earnings and vindication that the large stock-buyback plan is paying off. The company is shifting from legacy voice services to strategic products of high-speed Internet, Prism TV, and managed hosting services. The move isn't as much geared toward reinvigorating growth as stabilizing earnings and FCF potential. The other similar local telecom providers of Frontier Communications ( NASDAQ: FTR     ) and Windstream Holdings ( NASDAQ: WIN     ) sit in a similar situation, attempting to trade legacy revenue for new strategic products to maintain cash flow. Are investors starting to warm up to the sustainability of this model? Read the full article here . Disclosure: Long CTL. Please read disclaimer page f...

Summary Net Payout Yield stocks outperformed the market in March. The Top 10 Net Payout Yield stocks averaged 11.9% yields. Dollar Tree joined the list for April and Halliburton dropped off. This article is a continuation of a monthly series highlighting the top net payout yield ( NPY ) stocks that was started back in June, 2012 (see article ) and explained in August, 2012 (see article ). The series highlights the best stocks for the upcoming month. Please review the original articles for more information on the NPY concept. Read the full article at Seeking Alpha. Disclosure: Long AAPL, CTL, HAL, NLY, NOC, SDRL, T. Please review the disclaimer page for more details. 

Summary Investors should focus on the solid free cash flow. 12% dividend is abnormally high due to investor fear. Company should consider a more flexible capital allocation strategy. The typical investor interest in Windstream ( WIN ) centers on whether the company can continue paying out a $1 annual dividend that equals a 12% yield. The bizarre focus on what the company pays out to shareholders has investors looking in the wrong direction. Windstream is a provider of advanced network communications to businesses and consumers primarily in suburban and rural areas. The company continues to transition from legacy voice consumer services to more advanced cloud computing, managed services, broadband, and digital TV services. Read the full article at Seeking Alpha. Disclosure: Long CTL. Please review the disclaimer page for more details. 

Summary List of top net payout yield stocks for March. Reviews returns from the February list. Discusses the benefits of net payout yields. This article is a continuation of a monthly series highlighting the top net payout yield (NPY) stocks that was started back in June, 2012 (see article ) and explained in August, 2012 (see article ). The series highlights the best stocks for the upcoming month. Please review the original articles for more information on the NPY concept. February Returns Below are two charts highlighting the monthly returns of the top ten stocks from February (see list here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article on Seeking Alpha. Disclosure: Long CTL, DTV, HAL, MSI, NLY, NOC, and T. Please review the disclaimer page for more details. 

One difficult part of investing requires that investors not follow the herd. In the case of CenturyLink ( CTL ) , the company continues to produce solid free cash flow as the market harps on revenue growth and legacy business lines. The stock now trades back around 52-week lows even while providing a net payout yield of around 12% and growing. The company is the third largest telecommunications provider in the U.S. It provides data, voice and managed services in local, national and select international markets. The stock market though focuses squarely on its legacy local voice business and misses the transition to data services including fiber to wireless towers and growing television service. Read the full article at Seeking Alpha. Disclosure: Long CTL. Please read the full disclaimer page for more details.

This article is a continuation of a monthly series highlighting the top net payout yield (NPY) stocks that was started back in June, 2012 (see article ) and explained in August, 2012 (see article ). The series highlights the best stocks for the upcoming month. Please review the original articles for more information on the NPY concept. September Returns Below are two charts highlighting the monthly returns of the top 10 stocks from September (see list here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article at Seeking Alpha. Disclosure: Long AMP, CTL, DTV, KSS, MSI, NLY, T. Please review the disclaimer page for more details. 

This article is a continuation of a monthly series highlighting the top net payout yield stocks ( NPY ) that was started back in June, 2012 (see article ) and explained in August, 2012 (see article ). The series highlights the best stocks for the upcoming month. Please review the original articles for more information on the net payout yield concept. August Returns Below are two charts highlighting the monthly returns of the top-10 stocks from August (see list here ). Due to limitations with YCharts, the chart was broken into the Top 5 and Next 5 lists. Read the full article at Seeking Alpha. Disclosure: Long AMP, CTL, DTV, KSS, MSI, NLY, T. Please read the full disclaimer page for more details.