DIVIDENDCUT.COM - News about dividend cuts and suspensions

Bad new for shareholders in UK energy giant SSE PLC because the former Dividend Aristocrat has announced plans to rebase its dividend to 60 pence per share. Last year SSE also cut its dividend, ending a long history of increased dividends to shareholders.

Compass Minerals (CMP) , a leading global provider of essential minerals, will cut its dividend by almost 80 percent to 15 cents quarterly per share in 2021.

Sturm Ruger had raised its dividend 7 straight quarters US Firearms maker Sturm, Ruger & Company (symbol: RGR) will pay a dividend of $0.78 per share, down 21% from the previous quarterly dividend of $1.00 per share. The company pays a variable dividend based on the net income earned each quarter.