Another Dividend Champion lost its status two weeks ago. Mercury General (MCY), the insurance company, cut its dividend by 50% on August 2, 2022, after
Category: Dividend Cuts and Suspensions
Articles on dividend cuts and suspensions by companies. The articles review the announcements made by the companies, overview of the company, and discusses reasons the dividend was cut or suspended. Articles cover dividend safety before and after the cut or suspension. We also include a list of dividend cuts and suspensions that is updated monthly.
A Dividend Champion rarely loses its status. Most companies with long streaks of dividend raises do not like to cut or freeze their dividends. They will often
Something interesting happened a few weeks ago. A Dividend Contender cut its dividend. This cut is the first dividend cut by any company that raised the dividend
AT&T (T) – Big Dividend Cut AT&T (T) is a dividend growth stock that many people own due to its consistency in paying a dividend
The Cheesecake Factory Incorporated (CAKE) is another restaurant stock that suspended its dividend in response to the coronavirus pandemic. The brand is popular in the
Molson Coors Beverage Company (TAP) unexpectedly suspended its dividend during the COVID-19 pandemic and recession. This action probably went against conventional wisdom and expectation, considering
Marriott International (MAR) announced a dividend suspension early in the COVID-19 pandemic. It is one of the 412 companies (as of this writing) on the list
Darden Restaurants Inc (DRI) was a fairly popular income stock as seen by the over 20k followers on Seeking Alpha. Darden is one of those
Wyndham Destinations (WYND) recently cut its dividend. It is one of the 394 companies (as of this writing) on the list of coronavirus dividend cuts and
Kimco Realty Corporation (KIM) is real estate investment trust or REIT that focuses on commercial estate. The stock is a popular one as seen by