Cramer welcomed Glen Post, chairman and CEO of CenturyTel (CTL) to the show to discuss his company’s decision to increase its dividend tenfold. Post explained that CenturyTel has been buying back stock that made up around 90% of its free cash flow, or 26% of its outstanding shares, but the stock hasn’t been representing the true value of the company. With that in mind, he decided to increase the dividend to unlock more value and return money to its shareholders. Post pointed out that CTL is bringing broadband Internet access to over 85% of its customers and the firm expects the strong demand for broadband services to continue. They also have a solid wireline business and are shifting into the wireless sector. “CTL equals a big dividend, buyback, growth,” Cramer said. “Start buying.” BioSolar (BSRC) could be the boost your portfolio is looking for! This emerging green solar producer is poised for huge gains in 2008. Read the free research report today