3 High-Yield Stocks at Rock-Bottom Prices
Despite the recent stock market rally, the high-yield tech stocks CenturyLink (NYSE: CTL), AT&T (NYSE: T), and International Business Machines (NYSE: IBM) remained close to their multi-year lows, which provides investors with an opportunity to lock in juicy dividends. But income investors should first consider the risks that could threaten these tech stocks' generous payouts.
CenturyLink provides telecommunication services. The company is developing its fiber assets to try to offset the secular decline of its legacy businesses that consist of selling private lines to enterprises and voice services to consumers. Yet negative headwinds still prevail.
Revenue decreased to $22.4 billion last year, down from $23.4 billion the prior year. In addition, the company must deal with its important debt load of $33.4 billion.
Source Fool.com
