NEW YORK (

TheStreet

) -- The ex-dividend date for

CenturyLink Inc

(NYSE:

CTL

) is tomorrow, September 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 73 cents per share. At a price of $35.87 as of 9:30 a.m. ET, the dividend yield is 8.2%.

The average volume for CenturyLink has been 6.6 million shares per day over the past 30 days. CenturyLink has a market cap of $21.8 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 23.4% year to date as of the close of trading on Tuesday.

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CenturyTel, Inc., together with its subsidiaries, operates as an integrated communications company. The company has a P/E ratio of 16.2, above the average telecommunications industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CenturyLink as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full

CenturyLink Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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