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.

GNC Holdings stops dividend payments

GNC Holdings (GNC) will stop paying quarterly dividends. The last quarterly dividend paid by GNC was $0.20 per share.

The dividend suspension is part of a broader plan by the company to utilize a greater portion of the company's free cash flow to reduce its debt.

GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise.

Popular posts from this blog

The 10 biggest dividend cuts in the USA for 2024