S&P Capital IQ Picks Windstream Focus Stock of the Week

New York - 23 July 2013

Windstream (NASDAQ: WIN: $8) has been picked by S&P Capital IQ as its Focus Stock of the Week. WIN carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.

"Over the past several years, Windstream has made investments into the growth area of its business that we believe position the company well to stabilize revenue, grow cash flow, and most importantly, return a substantial amount of cash to its shareholders," said Rob Dezego, equity analyst at S&P Capital IQ.

"Our positive investment outlook for Windstream is largely focused on its dividend, which offers the highest yield in the S&P 500 at 12%. Fears of dividend cuts have led to waning investor sentiment for Windstream in recent quarters. However, management has consistently reiterated its commitment to the $1 per share annual dividend and recent quarterly results and company guidance suggest, in our view, that the current dividend is sustainable," said Dezego.

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