"love the dividend even if it is cut a little bit." Do your own due diligence to watch out for a dividend cut. If they do cut, even just a little, you will lose more on the price of the stock than years worth of dividends. Dividend announcement should be right around the corner.
One encouraging article from Forbes quoted below, I hope the pps gains I am in the red on this.
"In trading on Friday, shares of CenturyLink, Inc. (NYSE: CTL) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $33.66 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 63.6. A bullish investor could look at CTL’s 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side"