This Top Income Stock Now Yields 8.7%

In today’s market, finding an income stock is not really that easy. If you go with the most established blue-chip companies, chances are they don’t offer substantial yields. If you turn to the highest-yielding names, then dividend durability could be a concern. There is, however, one company that deserves the attention of investors looking for income stocks, and that’s...

Centurylink Inc (NYSE:CTL) is a telecommunications company. Headquartered in Monroe, Louisiana, the company provides broadband, voice, video, advanced data, and managed network services to enterprise customers, as well as to consumers. It has a 265,000-route-mile fiber network in the U.S. and a 360,000-rout-mile transport network internationally. Right now, the No. 1 reason to consider CenturyLink an income stock is its dividend yield. Paying quarterly dividends of $0.54 per share, the company has an annual dividend yield of 8.68%.

Source: Income Investor

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