05-25-2020, 05:27 PM
(05-25-2020, 11:42 AM)ChadR Wrote: The TAP cut is surprising. It was one of my stocks that wasn't worried about the dividend being cut. I figured their sales would be up during the time. Does this mean that DEO is my next stock to cut?
Think about all of the stadiums, restaurants, concert venues, resorts, casinos, etc. that are closed down right now. Keg sales are more profitable than single-serve. So even if people are drinking at home, it doesn't make up for the loss of sales from those venues.