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re: What are some high dividend paying stocks everyone should have

Posted on 3/1/13 at 9:06 am to
Posted by TigerGyp
Lafayette
Member since May 2006
975 posts
Posted on 3/1/13 at 9:06 am to
Up until last week, CenturyLink was one of those dividend darlings like KO and XOM, they had raised their dividend rate every year for something like 30 years. Last weeks dividend cut was quite a shock. But CTL is still paying a very good dividend, somewhere in the 7% neighborhood. And, it's a Louisiana based nationwide company.
Another high dividend payer is A.T.&T. (T) Pays around 5%
This post was edited on 3/1/13 at 9:07 am
Posted by LSURussian
Member since Feb 2005
127261 posts
Posted on 3/1/13 at 9:23 am to
quote:

But CTL is still paying a very good dividend, somewhere in the 7% neighborhood.

While that may be true, the continued high dividend yield is a result of the more than 22% drop in CTL's stock price on February 14.
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