CenturyLink Declares Quarterly Cash Dividend

Monroe -- CenturyLink, Inc. today announced that its Board of Directors voted to declare a regular quarterly cash dividend of $0.54 per share, a portion of which will be payable out of capital surplus, on June 20, 2014, to shareholders of record on June 9, 2014.

CenturyLink last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.61 by $0.05. The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.48 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share.

The company’s quarterly revenue was up .6% on a year-over-year basis. On average, analysts predict that CenturyLink will post $2.61 earnings per share for the current fiscal year.

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