Global Partners cuts distribution by 33.7%
Global Partners (GLP) will lower its quarterly distribution to 46.25c.
Big 5 Sporting Goods announces 50% dividend cut to $0.125 quarterly
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US retailer Big 5 Sporting Goods (symbol: BGFV) has announced a 50% dividend cut from $0.25 to $0.125 quarterly per share. This is the third dividend cut since 2018 by the specialty retailer. Even with the big cut included the dividend yield remains high with 7% at a stock price of $7.06.
