Posts Tagged ‘cut’

BP Shares Fall As Dividend Cut Appears Imminent

BP shares plunged nearly 16% today as investors dumped the stock since a dividend cut appears imminent.

Fitch Ratings Believes BP Dividend Is Safe

Fitch Ratings believes that BP's dividend is safe despite the widespread speculation of an imminent dividend cut.

Investors Will Have To Keep Waiting for GE to Increase Their Dividend

Dividend investors have reason to cheer as GE’s CFO indicated that the company plans to begin growing their dividend again, but not until 2011.

BB&T Cuts Dividend To Repay TARP

BB&T announced yesterday that they are reducing their quarterly dividend by 68% to $.15 per share.

Power Tool Maker Black & Decker Cuts Quarterly Dividend By 71%

Black & Decker announced today that they are cutting their quarterly dividend by 71% to $.12 per share.

Fortune Brands Cuts Dividend By 57%

Fortune Brands announced today that the company is reducing their quarterly dividend by 57% to $.19 per share.

U.S. Steel Slashes Dividend By 83%

U.S. Steel announced yesterday that they are reducing their quarterly dividend by 83% to $.05 per share.

Was Pfizer’s Dividend Cut Really Necessary?

Last week, Pfizer slashed their dividend by 50%, but was their dividend cut even necessary?
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