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Lumen Technologies declares quarterly cash dividend

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Lumen Technologies (NYSE: LUMN) has announced a quarterly cash dividend of 25 cents per share, payable on Dec. 11, 2020, to shareholders recorded by Nov. 30, 2020. The ex-dividend date is set for Nov. 27, 2020. This action underscores the company's commitment to returning value to shareholders amidst its strategic aims in technology advancement, with over 450,000 route fiber miles serving clients in more than 60 countries.

Positive
  • Quarterly cash dividend of 25 cents per share enhances shareholder value.
  • Payable date of Dec. 11, 2020, indicates ongoing financial commitment.
Negative
  • None.

DENVER, Nov. 19, 2020 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of 25 cents per share. The dividend is payable Dec. 11, 2020, to shareholders of record at the close of business on Nov. 30, 2020. The ex-dividend date will be Nov. 27, 2020.

About Lumen Technologies

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.

Learn more about the Lumen network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States. Lumen Technologies LLC is a wholly-owned affiliate of CenturyLink Inc. 

* The Lumen brand was launched on Sept. 14, 2020. As a result, CenturyLink Inc. is referred to as Lumen Technologies, or simply Lumen. The legal name CenturyLink, Inc. is expected to be formally changed to Lumen Technologies, Inc. upon the completion of all applicable requirements.

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SOURCE Lumen Technologies

FAQ

What is the dividend amount and payment date for LUMN?

Lumen Technologies declared a quarterly cash dividend of 25 cents per share, payable on Dec. 11, 2020.

When is the ex-dividend date for Lumen Technologies?

The ex-dividend date for Lumen Technologies is Nov. 27, 2020.

Who is eligible for the dividend from LUMN?

Shareholders on record as of Nov. 30, 2020, are eligible for the dividend.

Lumen Technologies, Inc.

NYSE:LUMN

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Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
MONROE