You Should Avoid This 12% Yielding Value Trap Like The Plague [telecom]

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A Huge Future Dividend Cut Means You Should Avoid This 12% Yielding Value Trap Like The Plague

Summary

• CenturyLink's long-suffering shareholders have seen their wealth slashed over the years, as the share price has cratered and the yield has steadily climbed.

• Today, many investors remain attracted to the shares' mouth-watering 12% yield. However, any dividend that isn't sustainable isn't worth owning because such a stock is a "sucker yield".