Steelcase cuts dividend second time in 3 years | Another 31% cut
Steelcase (SCS) has declared another dividend cut of 31% to $0.10 per share quarterly. This matches the exact same 31% dividend cut in 2020 by the furniture company.
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Utility PPL Corp cuts dividend by almost 52% in 2022
PPL had previously hiked its dividend for 19 consecutive years Utility PPL Corporation (symbol PPL) has announced a dividend cut of 51.8% o 20 cents per share in 2022. PPL shareholders had a warning last year when the dividend was not increased after 19 straight years with an increase in the annual dividend.
IVF Hartmann cuts FY 2021 dividend by 24% to CHF 1.90
IVF Hartmann cuts its dividend for the first time in nearly 30 years. After an extra dividend was paid last year to mark its 150th anniversary, the Swiss healthcare company will cut its dividend by 24% in 2022.
Industrial Logistics Properties Trust cuts dividend by 97%
ILPT is a REIT (Real Estate Investment Trust) Industrial Logistics Properties Trust (ticker symbol ILPT) has announced a 97% dividend cut to 1 cent quarterly per share on July 14, 2022.