DIVIDENDCUT.COM - News about dividend cuts and suspensions

Brazil's mining giant Vale will slash its dividend in half this year to $2 billion.

Southern Copper (NYSE: SCCO) will lower its quarterly dividend from $0.12 to $0.10 per share.

Coal producer Peabody Energy (NYSE: BTU) will slash its quarterly dividend from $0.09 to $0.0025 per share.

Mining and natural resources company Cliffs Resources will eliminate its dividend to reduce its debt.

Walter Energy (NYSE: WLT) will suspend its dividend. The metallurgical coal producer was paying a quarterly dividend of $0.01 per share.

Real Estate Investment Trust Vornado Realty Trust (NYSE: VNO) will lower its quarterly dividend following the spin-off of Urban Edge Properties (NYSE: UE).

New Source Energy Partners L.P. has announced a quartery distribution of $0.20 per share.

Pengrowth Energy Corporation (PGF.TO) (NYSE: PGH) will lower its monthly dividend payment from $0.04 to $0.02 per share.

Freehold Royalties will lower its monthly dividend from C$0.14 to C$0.09 per share.

Temple Hotels (TSX: TSH) will lower its monthly dividend from $0.045 to $0.025 per share.

The monthly distribution will be cut from $0.2416 to $0.10420 per share by Linn Energy (ticker LINE).

The monthly distribution will be cut from $0.2416 to $0.10420 per share.

BreitBurn Energy Partners will cut its monthly dividend payment from $0.1733 to $0.0833 per share.