CenturyLink Reports, Upsets the Dividend Cart

CenturyLink dramatically reduced its dividends and instead is buying up its own stock to increase value and growth. This is a surprising move from a company known for dividends.

The advantage is that this move gives CenturyLink more investment power and greater flexibility on payments proving more growth capital now–possibly for a new acquisition.

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CenturyLink Reports, Upsets the Dividend Cart