The company that has caught my attention is Frontier Communications (NASDAQ: FTR). While it's true that Frontier had to cut their dividend last year, the stock currently yields more than 9%. Normally a 9% yield would make me nervous. However, the company's core free cash flow payout is a reasonable 60.33%. While Frontier's debt-to-equity ratio is higher than either Verizon or CenturyLink at 2.06, the company's balance sheet is much stronger than Windstream.
I remember reading this last week. Of course the folks over on SA have been working some overtime lately trying to get all those negative articles in again trying to short sale the stock (my opinion, however it sure was a bit convenient don't you think. I am not sure if others noticed but I did. But yes, it's nice to see some going forward positives.