This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 High-Dividend Stocks With Upside

3. CenturyLink (CTL - Get Report) is an integrated communications company providing a range of services, including voice, Internet, data and video services. In addition, it also offers communications, professional and business information services in a few local and regional markets.

CenturyLink's board of directors recently approved a quarterly cash dividend of 72.5 cents per share payable on Sept. 16, 2011. Currently, the company has a dividend yield of 7.2%. The five-year net growth rate for dividend per share stands at 63.9%.

Operating revenue for the second quarter 2011 increased 148.6% to $4.4 billion from $1.8 billion in the year-ago quarter. Net income for the quarter stood at $262 million, or 44 cents per share. Operating cash flow, excluding special items, increased 107.7% to $1.9 billion from the second quarter of 2010.

For full-year 2011, the company expects pro forma operating revenue to come in the range of $18.5 to $18.8 billion from the earlier estimate of $17.6 to $17.8 billion. Meanwhile, pro forma diluted earnings per share are seen ranging between $1.5 and $1.6. Pro forma free cash flow is seen ranging from $3.4 to $3.6 billion, while pro forma operating cash flow is expected between $7.8 and $8 billion.

Of the 22 analysts covering the stock, 68% recommend a buy and the rest suggest a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg foresee the stock gaining an average 27.6% to $44.00 in the upcoming 12 months.

7 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CIM $15.55 0.32%
CTL $36.41 -0.68%
HCP $42.45 -0.28%
KMP $102.03 1.98%
LINE $13.56 -0.33%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs