![Near an All-Time Low, Is CenturyLink a Buy? [telecom]](https://forums.cabling-design.com/media/31250/conversions/6035a9bd7fbe67.37599590-medium.jpg)
The dividend yield is once again in the double digits.
Billy Duberstein (TMFStoneOak)
2019 has not been kind to CenturyLink (NYSE:CTL) investors. Of course, neither was 2018. Or 2017. Since touching highs over $40 in 2015, the stock has been on a slow and steady descent to just under $10 today.
Revenue pressures in legacy technologies such as voice landlines and declining prices for wholesale fiber sales have caused revenues to decline. That, combined with a high debt load, has caused investors to flee. The company also surprised investors with a dividend cut on its first-quarter conference call, leading many yield-seekers to sell.
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