CTL - CenturyLink: Undervalued At 4x FCF With Stabilizing Top Line And Deleveraging As Catalysts
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CenturyLink (CTL) has been a battleground stock in recent years. Much of the debate about the communications giant's stock has centered on its dividend policy. For parts of 2017 and 2018, CenturyLink had a mid-teens dividend yield, making the stock a top choice of income-focused investors. Other investors and analysts looked at the company's weak balance sheet and high payout ratio and concluded that a dividend