LUMN (Lumen Technologies) Dividend Payout Ratio: (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LUMN Lumen Technologies Inc LUMN
55 GF Score
Price $6.40
GF Value $4.22
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lumen Technologies Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Lumen Technologies's Dividend Payout Ratio for the months ended in Jun. 2026 was .

The historical rank and industry rank for Lumen Technologies's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Lumen Technologies was 1.82. The lowest was 0.48. And the median was 0.76.

LUMN's Dividend Payout Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-09-20), the Dividend Yield % of Lumen Technologies is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lumen Technologies was 31.12%. The lowest was 0.00%. And the median was 10.02%.

Lumen Technologies's Dividends per Share for the months ended in Jun. 2026 was $0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lumen Technologies was 123.70% per year. The lowest was -22.60% per year. And the median was 3.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Lumen Technologies (NYSE:LUMN) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Lumen Technologies Dividend Payout Ratio Related Terms

Lumen Technologies Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Lumen Technologies's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lumen Technologies Dividend Payout Ratio Chart

Lumen Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 1.56 - - -

Lumen Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.00 - -

LUMN vs LBRDA, IRDM, TDS: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, Lumen Technologies's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lumen Technologies Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Lumen Technologies's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lumen Technologies's Dividend Payout Ratio falls into.


LUMN
55GF Score
Lumen Technologies Inc LUMN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lumen Technologies Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Lumen Technologies's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0/ -0.89548216878421
=N/A

Lumen Technologies's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0/ -0.22248691370615
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Lumen Technologies (LUMN) Overvalued in 2026?

Based on GuruFocus' analysis, Lumen Technologies stock appears to be overvalued. The current stock price of $6.40 is trading 51.7% above its estimated GF Value™ of $4.22. GuruFocus considers Lumen Technologies to be Significantly Overvalued.

Key valuation signals for LUMN:

  • Dividend Payout Ratio:
  • GF Value™: $4.22 vs. price of $6.40 (51.7% above fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the LUMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lumen Technologies Business Description

Address 100 CenturyLink Drive, Monroe, LA, USA, 71203
Lumen Technologies is one of the largest telecommunications carriers serving global enterprises. The merger with Level 3 in 2017, the 2022 divestiture of much of its local phone business in rural areas, and the 2026 sale of its remaining consumer fiber network to AT&T have shifted the company's operations away from the legacy consumer business and toward enterprise services, which account for about 85%-90% of revenue. Lumen offers businesses a full suite of communications services, providing colocation and data center services, data transportation, phone service, and internet access.
55GF Score

Get the complete analysis for LUMN

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.40
Price
$4.22
GF Value