Can CenturyLink Maintain Its Healthy Dividend?
Published Mon, 01 Aug 2011 on The Motley Fool

CenturyLink (NYSE: CTL) pays a juicy 7.8% dividend, which ensures multiple repeat appearances on dividend investors' radars. Let's take a look at some of this company's recent moves and see whether its dividend looks sustainable going forward. Making big movesIn April, CenturyLink merged with Qwest Communications to create the third-largest telecommunications company in the United States, after AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) . Excluding merger-related costs, the transaction is expected to be immediately accretive to free cash flow per share, to the tune of $625 million annually over the next three to five years.... Read more