United Fire Group announces 54.5 percent dividend cut in 2020
United Fire Group (UFCS) will lower its quarterly dividend by 54.5% to 15 cents per share in 2020. Last year the insurer had announced the 7th consecutive year of dividend increases.
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Siemens cuts dividend by 10.3 percent in 2020
Germany-based technology company Siemens has announced a dividend of €3.50 per share for 2020. This compares to a dividend of €3.90 per share paid by Siemens last year and ends more than 30 years of higher or steady dividend payments.