03-23-2020, 05:14 PM
We can add Nordstrom and Macy's to the list of companies that have cancelled their dividends.
Dividend Announcement Thread!
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03-23-2020, 05:14 PM
We can add Nordstrom and Macy's to the list of companies that have cancelled their dividends.
03-24-2020, 05:52 AM
CVX suspends buyback but says it will continue to pay out dividend for now; but that could change.
03-24-2020, 06:15 AM
03-24-2020, 08:00 AM
(03-24-2020, 06:15 AM)fenders53 Wrote:I think your crystal ball may be right for once(03-24-2020, 05:52 AM)divmenow Wrote: CVX suspends buyback but says it will continue to pay out dividend for now; but that could change.
03-25-2020, 07:19 AM
TXRH suspends dividends and share buy backs.
CBRL defers rather than suspends their dividend, and suspends buy backs. They have some history of paying special dividends when the skies are blue so I don't consider them uninvestable at the right price. No big surprises here. Almost all restaurants are going to have to cut Divs if they are prudent. Even the mighty MCD is going to feel some pressure if the virus spreads to many more states which is certainly possible.
03-31-2020, 06:08 PM
SKT just borrowed their next Div. I wondered if they would. Most investors probably would have been happy to get half of it if it helped the company survive.
03-31-2020, 11:35 PM
(03-31-2020, 06:08 PM)fenders53 Wrote: SKT just borrowed their next Div. I wondered if they would. Most investors probably would have been happy to get half of it if it helped the company survive. I saw that today as well. So glad I sold out of SKT when I did. Borrowing to pay a dividend when your stock is yielding 27% is insanity. Drew down their entire $600M credit facility while the market cap of the company is just $572M.
04-01-2020, 12:00 AM
(03-31-2020, 11:35 PM)EricL Wrote:(03-31-2020, 06:08 PM)fenders53 Wrote: SKT just borrowed their next Div. I wondered if they would. Most investors probably would have been happy to get half of it if it helped the company survive. I'm not expecting a BK, but something has to give soon. An attempted merger wouldn't surprise me. But if that's the plan there is no need to be concerned with the aristocrat list. Aren't they right at 25 years of Div increases?
04-01-2020, 01:19 AM
(04-01-2020, 12:00 AM)fenders53 Wrote:(03-31-2020, 11:35 PM)EricL Wrote:(03-31-2020, 06:08 PM)fenders53 Wrote: SKT just borrowed their next Div. I wondered if they would. Most investors probably would have been happy to get half of it if it helped the company survive. SKT has a 27-year streak of dividend growth according to the CCC List.
04-02-2020, 08:51 AM
Another one bites the dust, as Brinker International (EAT) suspends the dividend.
04-02-2020, 08:53 AM
Murphy Oil (NYSE:MUR) declares $0.125/share quarterly dividend, -50% decrease from prior dividend of $0.250.
Forward yield 8.16% Payable June 1; for shareholders of record May 18; ex-div May 15.
04-02-2020, 08:54 AM
HP ends its 48-year streak of dividend increases.
Helmerich & Payne (HP -8.8%) plunges after announcing plans to cut future quarterly dividends to $0.25/share while still paying its $0.71 dividend on June 1. |
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