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CenturyLink (NYSE:CTL) declared a quarterly dividend on Tuesday, August 19th, reports. Shareholders of record on Friday, August 29th will be given a dividend of 0.54 per share on Friday, September 12th. This represents a $2.16 dividend on an annualized basis and a yield of 5.34%.

A number of research firms have recently commented on CTL. Analysts at Macquarie reiterated an “outperform” rating on shares of CenturyLink in a research note on Tuesday, August 12th. They now have a $43.00 price target on the stock, up previously from $42.00. On the ratings front, analysts at DA Davidson raised their price target on shares of CenturyLink from $30.00 to $38.00 in a research note on Thursday, August 7th. They now have an “underperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of CenturyLink from $38.00 to $43.00 in a research note on Thursday, August 7th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $37.39.

CenturyLink (NYSE:CTL) traded up 0.47% during mid-day trading on Tuesday, hitting $40.61. The stock had a trading volume of 639,559 shares. CenturyLink has a one year low of $27.93 and a one year high of $45.67. The stock’s 50-day moving average is $38.11 and its 200-day moving average is $34.88. The company’s market cap is $23.154 billion.

CenturyLink (NYSE:CTL) last announced its earnings results on Wednesday, August 6th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.64 by $0.08. The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.50 billion. During the same quarter last year, the company posted $0.69 earnings per share. CenturyLink’s revenue was up .4% compared to the same quarter last year. Analysts expect that CenturyLink will post $2.63 EPS for the current fiscal year.

CenturyLink, Inc (NYSE:CTL) is an integrated communications company.

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