Calavo Growers cuts dividend by 65.2%

On March 14, 2023, Calavo Growers Inc. (trading symbol CVGW) declared a $0.10 per share quarterly dividend, down 65.2% from the previous quarterly dividend. 

Douglas Emmett announces 32% dividend cut

Douglas Emmett stock is yielding 4.8% despite the dividend cut (image: company investor presentation) On December 9, 2022, US real estate investment trust Douglas Emmett (trading symbol DEI) announced a new quarterly dividend of $0.19 per share, down 32.1% from the previous quarterly payment of $0.28 per share.

Monthly dividend payer SL Green Realty cuts dividend by 12.9%

On December 5, 2022, SL Green Realty Corp (trading symbol SLG) declared a monthly dividend of $0.2708 per share. This is 12.9% dividend cut from the previous monthly payment of $0.3108 per share. The dividend yield for SLG is 9.1% at a stock price of $34.76.

Swedish Dividend Aristocrat Castellum shocks with dividend suspension

In a rather shocking announcement Sweden’s real estate company Castellum AB announced that it will pause its dividend payments. Castellum had the best track record of all REITs in Sweden with 20+ consecutive years of dividend growth.

Southern Copper cuts dividend by (another) 50% in October 2022

Southern Copper has cut its dividend two times in 2022 for a total decrease of 50%. On October 21, 2022, Southern Copper (trading symbol SCCO) declared a quarterly dividend of $0.50 per share, down 50% from the previous dividend of $0.75 quarterly per share. Its the second dividend cut by the copper miner.  The dividend yield is more than 4%.

Steelcase cuts dividend second time in 3 years | Another 31% cut

Steelcase (SCS) has declared another dividend cut of 31% to $0.10 per share quarterly. This matches the exact same 31% dividend cut in 2020 by the furniture company.

Industrial Logistics Properties Trust cuts dividend by 97%

ILPT is a REIT (Real Estate Investment Trust) Industrial Logistics Properties Trust (ticker symbol ILPT) has announced a 97% dividend cut to 1 cent quarterly per share on July 14, 2022.