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.

Vornado Realty Trust cuts dividend by 13,7%

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

The current quarterly dividend will be cut from $0.73 to $0.63 per share, giving Vornado an indicated dividend yield of 2.2%.

Urban Edge Properties was spun off on January 15th.

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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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