Crown Crafts cuts dividend by 62.5%

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Crown Crafts (CRWS) will cut its dividend by 62.5% to 3 cents quarterly per share in 2026. This ends 16 consecutive years with steady or growing dividend payments by the provider of infant, toddler and juvenile consumer products.

Tesco cuts interim dividend by 75%

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British retailer will lower its interim dividend by 75% to 1.16 pence per share.

The dividend cut for the troubled British supermarket operator was expected by many analysts. Tesco pays a semi-annual dividend.

Two years ago Tesco halted its impressive strike of consecutive annual dividend increases. After 25 years of annual dividend growth the payout was left unchanged for the last two years.

Now Tesco will cut its interim dividend by 75% to 1.16p per share. Analysts expect a sharp cut for the final dividend also.

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The 10 biggest dividend cuts in the USA for 2024

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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).
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