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.

Elekta cuts dividend by 67%

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Swedish medical technology company Elekta will lower its annual dividend from SEK 1.50 to SEK 0.50 per share.

The Swedish company, that makes neurological and radiation equipment, had paid a SEK 1.50 dividend the last couple of years, including additional special dividend payments of SEK 0.50 in 2014 and 2013.

Analysts had been expecting a dividend of SEK 2 from Elekta. The indicated dividend yield for Elekta is now 0.9%.

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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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