Lumen Technologies Inc known by the ticker symbol LUMN, is a large cap telecom services firm, operating in the communication services business sector. This is my first report on LUMN for this Viital stock portfolio or any of my previous six portfolios.

With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States’ largest telecommunications carriers serving global enterprises. Its merger with Level 3 further shifted the company’s operations toward businesses (over 70% of revenue) and away from its legacy consumer business. 

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Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and Internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.

The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. 

Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.

Three key data points gauge any dividend equity or fund such as Lumen Technologies Inc (LUMN):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

LUMN Price

LUMN's price per share was $12.05 as of yesterday's market close. One year ago its price was $11.09. Therefore LUMN's share price rose $0.96 or just over 8.6% in the past year.

If LUMN's stock trades in the range of $8.00 to $16.00 this next year, its recent $12.05 share price might rise by $0.95 to reach $13.00  by January 21, 2023. This estimate is in line with the company's past year stock price performance

LUMN Dividends

Lumen Technologies Inc's most recent quarterly dividend of $0.25 was paid to shareholders on December 10th, 2021 to those of record on November 26th. The estimated Annual dividend payout of $1.00, yields 8.3% per yesterday's $12.05. closing price. 

Lumen Technologies Inc (LUMN) has paid variable quarterly dividend payouts since March 1993. That stretch will mark 29 years in March.

LUMN Returns

Adding the $1.00 annual estimated LUMN forward-looking dividend to the estimated one-year share price upside estimates of $0.95 shows a $1.95 potential gross gain, per share, to be reduced by any costs to trade LUMN shares.  

At yesterday's $12.05 price per share, a little over $1000 would buy 83 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.12 per share.

Subtract that maybe $0.12 brokerage cost from my estimated $1.95 gross gain per share results in a net gain of $1.83 X 83 shares = $151.89 for a 15.18% net gain on a $1,000.15 investment.

So it is that Lumen Technologies Inc (LUMN) shows a possible 15.18% net gain including an 8.3% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in Lumen Technologies Inc (LUMN) could generate $83.00 in cash dividends alone. Note that a single share of LUMN stock bought at yesterday's closing price was $12.05. Therefore, VIV's share price is just about one-seventh of the dividend income from $1000.00 invested. So, by my dogcatcher ideal, now is a good point to pick up Lumen Technologies Inc (LUMN) shares. The estimated next-year dividend from $1K invested is nearly 6.9  times higher than LUMN's single share price. Consider yourself alerted. It's a sign!   

All of the estimates above are speculation based on the past history of Lumen Technologies Inc (LUMN). Only time and money invested in this stock will determine its market value.