by
Sneakers55
Mar 08, 2013
And as to the 8%: No, that's current figures from the Securities and Exchange Commission. You could be Phillips 66 and turn over 2% in profits. AT&T turns over 5% but then they're mandated by the Congress to provide universal service. Verizon makes considerably less than that, I haven't looked up CenturyLink but I know they had to cut the dividend.