Lumen Technologies Has A Ridiculous Free Cash Flow Multiple
Lumen Technologies easily pays its dividend with free cash flow, as I demonstrated last time, but the current pricing is so ludicrous that I couldn't help but load up the truck.
Lumen Technologies impresses not only with a dividend yield of 11.2%, but also with outstanding free cash flow.
Lumen Technologies' free cash flow has thus begun to trade at a significant discount, and I advocate capitalizing on the reduction in valuation. Lumen Technologies' stock has plummeted near, and then passed, the $9 level as a result of this selloff. With further large rate cuts on the way, which are largely viewed as bad for the market, values have dropped through the floor, presenting a buying opportunity for investors with cash to deploy. The annual rate of inflation in August was 8.3%, causing investors to panic as they believed the central bank would continue to raise interest rates aggressively in 2022. The Dow Jones Industrial Average plummeted nearly 1,300 points on Tuesday after August inflation data was released. Lumen Technologies has a very strong margin of safety at its current price. I have locked in a consistent, sustainable, and covered 11.2% dividend yield at a weighted-average purchase price of $8.95 per share and believe that the valuation has declined to an unjustified level. Lumen Technologies is on my truck because inflation-driven fears have recently decimated the valuation of this free cash flow winner.ĭespite the present market downturn, Lumen Technologies is very likely to maintain its $1.00 per share yearly dividend. was founded in 1968 and is headquartered in Monroe, Louisiana.My most recent Lumen Technologies Inc. and changed its name to Lumen Technologies, Inc. The company was formerly knowen as CenturyLink, Inc. As of December 31, 2019, it served approximately 4.7 million broadband subscribers. Additionally, the company is involved in leasing and subleasing of space. Further, it offers IT and managed service that include network, hosting, public and private cloud, and other IT services, as well as intuitive management tools. In addition, the company provides voice and collaboration services, including primary rate interface service, local inbound service, switched one-plus, toll free, long distance, and international services and voice over internet protocol services, as well as satellite television services under DIRECTV name.
#Lumen technologies stock price professional#
also offers transport and infrastructure services comprising high bandwidth optical networks unlit optical fiber networks, and related professional and management services private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites colocation and data center services and consulting services, which include network management, installation and maintenance of data equipment, and building of proprietary fiber-optic broadband networks for government and business customers. It offers IP and data services, including VPN data network, Ethernet, internet protocol (IP), and content delivery services. The company operates through five segments: International and Global Accounts Management, Enterprise, Small and Medium Business, Wholesale, and Consumer. Lumen Technologies, Inc., a facilities-based communications company, provides various integrated services under Â?CenturyLink' name to business and residential customers in the United States and internationally.
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