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Mack-Cali suspends dividend payment for the third and fourth quarters to preserve liquidity during these uncertain times. Advancing on property disposals, it has completed sale of nearly $215 million.
It also serves some 220,000 customers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Climate Change Crisis Real Impact’s decision to bring EVgo public will have it supplying the ...
And this reliable consumer staples stock boasts an impressive 62-year streak of annual dividend increases, putting the company in an elite group of stocks known as Dividend Kings. Over the past ...
The dividend yield of the Dow Jones Industrial Average, which is obtained from the annual dividends of all 30 companies in the average divided by their cumulative stock price, has also been considered to be an important indicator of the strength of the U.S. stock market. Historically, the Dow Jones dividend yield has fluctuated between 3.2% ...
A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.
Mack-Cali's (CLI) dividend suspension for 2021 allows greater financial flexibility and enables it to preserve capital for other strategic efforts like the Harborside campus repositioning.