Go to https://www.sec.gov/edgar/search/ and use more search options to search "Centurylink" in company name, find the result "10-K" and click, then click "open filing", then open the 10-K document. As you can see, it's a big document (put together by a big team of accounting and finance folks). Find the annual dividends paid per share in years 2015-2018 (ignore 2019). Assume today is 1/1/2021 Produce the timeline in excel for dividends paid from 2015-2018 (and we are going to assume that this growth rate continues forever) Additional Questions 1) What was the year 2016 dividend paid per share? 2) What is the growth rate of dividends? growth between 2015 and 2018 3) What should be the price of the stock if the required rate of return is 9%? What is the theoretical stock price based on the appropriate dividend growth model 4) What would be the expected dividend in year 2030? 5) Under these conditions, find LUMN's actual current price (internet), is it over, under or fairly valued based on the dividend growth model inputs? Answers