Thread regarding Lumen Technologies layoffs

Yahoo Finance Likes Lumen’s Dividend

  1. 5% Dividend:

Communications technology giant Lumen Technologies has been on an acquisition spree in recent years. This broadened the company’s portfolio of tech services and prompted the management team to rebrand. However, these initiatives haven’t unlocked value for the shareholders yet.

The stock has been dragged lower along with the rest of the tech sector. Lumen has lost 20% of its value over the past year.

However, unlike other tech companies, Lumen is profitable and cash flow positive. In fact, the stock pays an 8.5% dividend yield. That’s substantially higher than the rest of the tech sector — where many stocks don’t pay a dividend at all

Investors are worried about the company’s debt burden — which is 2.3 times greater than the value of its equity. However, the stock trades at just five times earnings, which could make the risk-reward ratio attractive for some investors.

| 1913 views | | 6 replies (last )
Post ID: @OP+1h9cA31k

6 replies (most recent on top)

Jeff storey worst absolutely ever high school students are smarter than him maybe he needs to live paycheck to paycheck I imagine he has a big house but he does not care lord pray for this guy typical corpysmetica a ho-e

Post ID: @Gfml+1h9cA31k

Let’s face the facts Jeff story is the worst leader ever he never teaches our to his employees directly with any heartfelt messsage of any positive outcome hidden messages worst ever not sure where he went to college but he learned nothing

Post ID: @5emd+1h9cA31k

I somewhat agree with Yahoo.
By unloading unwanted products and services. The stocks should go up dramatically by end of the year.
Also to add to the drama, FCC gave a green light to decommission all POTS by August 2022. Therefore, that would be followed by mass buyouts and layoffs. Something Lumen have been planning since the take over.

Post ID: @iqf+1h9cA31k

Funny, because on OCT 1 Lumen will lose 20 states. Shrinking to only 16. They sold the Latin market and once the Apollo check clears; that money goes to their enormous debt. If they even use it for their debt. My belief is Storey is going to pocket it or leave with a chunk of it. Lumen is not advertising any products, they are not investing in Cell towers or Cell service. Lumen cannot compare with the technology that Verizon, AT&T or Charter own. Two major union contracts expire in April 2023. So, if analysts think Lumen is doing good, well then there should be no crocodile tears from the company when the union strikes during a high inflation, high gas prices, exaggerated house market to ask for more money for the front line.

Post ID: @kmh+1h9cA31k

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