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Lumen Technologies announces offering of inaugural Sustainability-Linked Notes

The Yield on This S&P 500 Stock Tops 10%

The Yield on This S&P 500 Stock Tops 10% Paul Ausick © Provided by 24/7 Wall St. There are four telecom services companies among the S&P 500 stocks. Three are pretty well known: AT&T, Verizon and T-Mobile. The fourth is Lumen Technologies Inc. (NYSE: LUMN). Until mid-September of this year, Lumen was known as CenturyLink. The company, based in Monroe, Louisiana, was perhaps best known for scooping up wireline businesses that other telecom operators wanted to shed. The September name change underscored a shift in focus to the so-called Fourth Industrial Revolution, when smart, connective devices are everywhere. Compared with the other telecom providers market value, Lumen is tiny, with a market cap of around $10.8 billion, compared with Verizon and AT&T, both more than $200 billion, and T-Mobile at around $164 billion.

The Highest-Paying Dividend Stocks to Buy in the S&P 500

The Highest-Paying Dividend Stocks to Buy in the S&P 500 Chris Lange © Provided by 24/7 Wall St. The S&P 500 has recovered handily off of its March lows to close out 2020 with a solid gain. Although this year has been a roller-coaster for many investors, it has provided ample buying opportunities to get into some stocks cheap and shore up portfolios. A staple of many portfolios are dividend stocks. Passive income in the form of dividends is a powerful thing, especially when it is used with dividend reinvestment strategies. If anything, 2020 has provided an opportunity to get into some Dividend Aristocrats for a relatively cheap price and a huge yield.

Lumen Technologies completes redemption of Qwest Corporation Notes

Lumen Technologies completes redemption of Qwest Corporation Notes News provided by Share this article Share this article DENVER, Dec. 14, 2020 /PRNewswire/  Lumen Technologies  (NYSE: LUMN) announced today that Qwest Corporation, its indirect, wholly-owned subsidiary, completed its previously announced redemption of all $775 million principal amount of its 6.125% Notes due 2053 at par plus accrued and unpaid interest to, but excluding, the redemption date. Additional information regarding this redemption is available from U.S. Bank National Association. About Lumen Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.

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