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Walgreens started last year by cutting the quarterly dividend nearly in half. The company slashed the payout to 25 cents from 48 cents after spending about $1.7 billion on cash dividends in fiscal ...
The cut comes as the struggling company also has a new CEO taking over, Stéphane de La Faverie, to help right the ship. A quick look at the stock's payout ratio highlights just why a cut to the ...
"The company's cash needs over the next several years, including with respect to litigation and debt refinancing, were important considerations as part of the decision to suspend the dividend ...
The company had cash and cash equivalents of $11.29 billion, and total current liabilities of about $32 billion, as of June 29. Intel's lagging position in the market for AI chips has sent its ...
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Intel's share price tumbled 26% to $21.48 on Aug. 2, the day after it announced quarterly results, the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and ...
There are other indexes of dividend aristocrats that vary with respect to market cap and minimum duration of consecutive yearly dividend increases. Components are added when they reach the 25-year threshold and are removed when they fail to increase their dividend during a calendar year or are removed from the S&P 500.
Dividend stocks can provide stability during rough times like today. ... News. Science & Tech ...