Medical Properties Trust (MPW) cuts dividend by 46.7%

-
Image
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.

General Electric cuts dividend by 91.8%

-
General Electric Company (GE) will cuts its dividend by another 91.8 percent to $0.01 quarterly per share in the fourth quarter of 2018. This follows a 50.0 percent dividend cut last year by the industrial giant.

By reducing the dividend the company expects to retain $3.9 billion of cash per year compared tot he prior payout level. GE expects to announce the fourth quarter dividend in December 2018.

A new $0.04 per share annualized dividend for General Electric would yield 0.4% at Tuesday’s closing price of $11.16.

Popular posts from this blog

The 10 biggest dividend cuts in the USA for 2024

-
Image
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).
Read more