|
|
|
|
||
CTL,T: High Yield Retirement Income Strategy: Quality Over Quantityhttps://seekingalpha.com/article/4200308-high-yield-retirement-income-strategy-quality-quantity?app=1 High Yield Retirement Income Strategy: Quality Over Quantity 7:30 am, Sun, Aug. 19, 2018, by SA Marketplace "...I had much more courage in my convictions regarding CenturyLink (CTL). I had CenturyLink selected as my best of breed for the telecom sector with a 12% yield and major upside potential." "The fact of the matter is most were underestimating how powerful the Level 3 acquisition would be for the combined companies' fundamentals. When the company recently reported earnings, they knocked the ball out of the park. Level 3 is basically a cash cow at this point. Locking in a 12% yield with a 1.65 coverage ratio from solid predictable sources was a no-brainer." SummaryLong-time Seeking Alpha dividends & income contributor David Alton Clark is no stranger to high yield retirement income opportunities. Dave launched Discovered Dividends on Marketplace in March. The service is laser-focused on high yield quality retirement income plays. Currently, Discovered Dividends is 150 strong and the portfolio has performed quite well since inception. Dave recently shifted his strategy a bit, so we asked him to explain what it is, and why the change. |
return to message board, top of board |