DIVIDENDCUT.COM - News about dividend cuts and suspensions

Calgary based oil and natural gas company Zargon Oil & Gas will lower its montly dividend from C$0.03 to C$0.01 per share.

Noranda Aluminum Holding will suspend its dividend payments. Since November 2013 a $.01 quarterly dividend was paid after a 75% dividend cut from $0.04 to $0.01 quarterly in August 2013.

Electro Rent Corporation will cut its dividend to $0.125 quarterly.

Swedish medical technology company Elekta will lower its annual dividend from SEK 1.50 to SEK 0.50 per share.