Crown Crafts cuts dividend by 62.5%

-
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.

Freeport-McMoRan cuts dividend by 84%

-
Freeport-McMoRan will lower its quarterly dividend from $0.3125 to $0.05 per share.

The dividend was hiked for the last time in 2012, followed by a steady payout.

Popular posts from this blog

The 10 biggest dividend cuts in the USA for 2024

-
Image
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).
Read more