CenturyLink at 20-Year Low\, Analysts Say Dividend Cut Needed

CenturyLink at 20-Year Low, Analysts Say Dividend Cut Needed

(Bloomberg) -- CenturyLink Inc. fell on Thursday after it reported fourth-quarter results and said it would cut its dividend by more than half. Analysts said that while the step would be a painful one for the stock, they considered it necessary to shore up the company’s finances.