RPC cuts dividend by 52%
RPC Inc. (NYSE:RES) will lower its quarterly dividend from $0.105 to $0.05 per share.
The 10 biggest dividend cuts in the USA for 2024
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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