05-21-2020, 10:59 PM
(05-21-2020, 09:54 PM)fenders53 Wrote: I think that might be the first aristocrat to suspend.
The third cut in my portfolio. Fortunately not a big yield, so the income is easily replaced.
I'm a bit surprised by the cut considering the relatively small payout and the amount of cash the company has on the balance sheet.
If discount retail ROST and TJX can't survive this, there won't be many in retail that can.
Both of them lack a presence for online sales, I suspect that was their downfall during the pandemic.