Medical Properties Trust (MPW) cuts dividend by 46.7%

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On August 22, 2024, Medical Properties Trust, Inc. (MPW) announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of common stock to be paid on October 10, 2024, to stockholders of record on September 9, 2024.

Fugro will not pay a dividend over 2014

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Dutch marine services group Fugro has announced that it doesn't pay a dividend this year.

Today Fugro, member of the Dutch AEX-index, warned for a second half results that are significantly below analyst expectations due to a rapidly deteriorating market for oil services.

As aspected Fugro said it wouldn't maintain its annual dividend of €1.50. However not many analysts had expected Fugro to eliminate its dividend.

It's the first time Fugro won't pay a dividend in more than 20 years. As a result of the announcement Fugro's stock lost more than 20% in Amsterdam trading on Wednesday.

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Dividend cuts can signal a company's financial difficulties or a strategic shift in resource allocation. Here, we highlight the 10 companies in the USA with the largest dividend cuts in 2024 so far. Included are their dividend cuts, yields, year-to-date (YTD) stock performance, and latest stock prices, along with a brief description of their business activities. The two biggest cuts include two former dividend aristocrats : 3M (MMM) and Walgreens Boots Alliance (WBA).
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