Posts

Showing posts from January, 2017

Meridian Bioscience cuts dividend by 37.5%

Meridian Bioscience (VIVO) will lower its quarterly dividend from $0.20 to $0.125 per share.

Williams Partners plans 29.4% distribution cut

Williams Partners (WPZ) plans to cut its quarterly distribution by almost 30 percent this quarter.

NICE eliminates dividend

NICE Ltd., formerly NICE-Systems, won't pay a dividend for the first quarter of 2017. Instead the company will buy back its own stock.

ARMOUR Residential REIT cuts dividend by 13.6%

ARMOUR Residential REIT (ARR) will lower its monthly dividend from $0.22 to $0.19 per share.

Cousins Properties cuts dividend by 25%

Cousins Properties (CUZ) will cut its quarterly dividend $0.08 to $0.06 per share. The fourth quarter dividend will be payable January 19, 2017, to common shareholders of record on January 13, 2017. "Our fourth quarter dividend reflects the spin-off we completed in early October," said Larry Gellerstedt, president and chief executive officer of Cousins. "It was determined using the same distribution policy we have employed since 2011 and is consistent with our prior disclosures." Cousins Properties Incorporated, based in Atlanta, GA, is a fully integrated equity real estate investment trust. The company primarily invests in Class-A office properties located in high growth Sunbelt markets, with a focus on Georgia, Texas and North Carolina.