Posts Tagged ‘dividend cut’

Sotheby’s announced today that they are cutting their quarterly dividend by 67% to $.05 per share.

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

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

Pharmaceutical giant Pfizer announced today that they are slashing their quarterly dividend by 50% to $.16 per share.

Newell Rubbermaid announced today that they are reducing their quarterly dividend by 52%.

Discover Financial announced they were reducing their quarterly dividend by 67% as the company reported a worse than expected operating loss for their fiscal first quarter.

Sony announced today that they are reducing their dividend by 15%.

Dow component Alcoa cuts their quarterly dividendy by 82% as part of a broad cost cutting announcement.

Capital One is cutting its quarterly dividend by 87% to save the company $500 million.

Wells Fargo makes the difficult, but necessary decision to reduce their quarterly dividend by 85% to $.05 per share.

U.S. Bancorp became the latest financial service company to announce a dividend cut.

General Electric announced they are slashing their quarterly dividend from $.10 to $.31 per share. The dividend cut has been widely speculated on, but the 68% cut is even more than most expected.