Is CenturyLink a value stock?

CenturyLink is a high-dividend value stock. Image source: Getty Images. The market has not been kind to value stocks in the past decade, instead bidding up high-revenue-growth stocks over the last 11 years since the financial crisis. CenturyLink is definitely a value stock, in that it has a cheap valuation and high dividend yield.

Why did CenturyLink change its name to Lumen?

Management apparently believes at least some of the investor pessimism may be due to the CenturyLink brand name, so the company has decided to change it to Lumen. Effective Sept. 18, the Lumen name will go into effect, and CenturyLink's stock ticker will change from CTL to LUMN.

Why is CenturyLink's revenue declining?

Because CenturyLink is saddled with many legacy products, such as landline phones and copper-based DSL, its overall revenue has been on a steady decline in recent years. In this age of disruption, revenue declines could be a signal of a declining or disrupted business to growth-hungry investors.