CenturyLink (NYSE: CTL)

CenturyLink (CTL) DRIP Rating:


Quick Takeaway: CenturyLink offers a very solid DRIP plan for DRIP investors. All purchase and dividend reinvestment fees are paid by the company and optional cash purchases can be made on a monthly basis. The company does not currently offer a direct enrollment option for non-shareholders, so those interested will need to own at least one share of CenturyLink stock to be eligible.CenturyLink DRIP Plan Prospectus.pdf


CenturyLink DRIP Plan Summary:
Fees/Investment Options
Consecutive Years of Higher Dividends NA
Purchase Fees NONE (Paid by CenturyLink)
Dividend Reinvestment Fee NONE (Paid by CenturyLink)
Discount on Reinvested Dividends NONE
Direct Enrollment(DE)? No
DE Minimum Investment NA
Optional Cash Purchases (OCP)? Yes
OCP Minimum $25 transaction
OCP Maximum $150,000/year
OCP Purchases Made Monthly
Transfer Agent Computershare
Key Dividend Data 2008 2009 2010 2011 2012 2013 2014
Dividend $2.17 $2.80 $2.90 $2.90 $2.90 $2.16 $2.16
Percent Increase by Year 735.0% 29.0% 4.0% 0.0% 0.0% -25.0% 0.0%

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Company Profile

CenturyLink is the third largest telecom company in the U.S. The company provides broadband, voice and video services to consumers across the country. In addition, it provides data, voice and managed services to business, government and wholesale customers in domestic and select international markets. CenturyLink is an S&P 500 company and is part of the Fortune 500.

Key Products & Brands:

wireline voice, broadband internet, satellite video

Next Dividend Payment:

Next Dividend: $0.54/share (estimated)
Ex-Date: late-August 2015 (estimated)
Record Date: late-August 2015 (estimated)
Dividend Paid: early-September 2015(estimated)

Transfer Agent Contact:

Computershare Trust Company, N.A.
P.O. Box 43075
Providence, RI 02940-3078
Phone: 800-969-6718 (U.S.)
Phone: 312-360-5215 (Canada)


Investor Relations Website


* By clicking this button you will initiate a share purchase request to other FirstShare community members.