CenturyLink, Inc. (NYSE:CTL) Updates On Dividend Release Date


On 2016-05-19, CenturyLink, Inc. (NYSE:CTL) confirmed the dividend disbursement of $0.54 a share to shareholders as on record 2016-05-31. The firm will release dividend on 2016-06-14 while ex-dividend date is reported to be 2016-05-26.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CenturyLink, Inc. (NYSE:CTL) paid a total of $0.54 per share in dividends. This figure stood at $0.54 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $29.1 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $42 and $22, respectively.

Taking the mathematical rating formula, the price for CenturyLink, Inc. (NYSE:CTL) stands at 3.14. Earnings Review CenturyLink, Inc. (NYSE:CTL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $0.56.

Coming to the quarter ending on 2015-12-31, CenturyLink, Inc. (NYSE:CTL) recorded EPS of $0.63. The reported numbers came lower than the analysts’ estimates of $0.59, demonstrating a miss of $0.04 as against reported figures.

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