DIVIDENDCUT.COM - News about dividend cuts and suspensions

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.

Conagra Brands (NYSE: CAG) announced a sharp dividend reduction on July 15, 2026 , cutting its quarterly dividend by 50.0% to $0.175 per share .

Flowers Foods (NYSE: FLO) has announced a sharp dividend reduction in 2026. The bakery company lowered its quarterly dividend by 49.5% to $0.125 per share, down from the previous quarterly payment of $0.2475. 

Oil company Petrobras from Brazil is reducing its dividend forecast because it expects lower crude oil prices in the coming years.

On August 22, 2024, Medical Properties Trust, Inc. (MPW) announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of common stock to be paid on October 10, 2024, to stockholders of record on September 9, 2024.

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).

US retailer Big 5 Sporting Goods (symbol: BGFV) has announced a 50% dividend cut from $0.25 to $0.125 quarterly per share. This is the third dividend cut since 2018 by the specialty retailer. Even with the big cut included the dividend yield remains high with 7% at a stock price of $7.06.

Piedmont Office Realty Trust (PDM) has declared a $0.125 per share quarterly dividend, down 40.5% from the previous dividend of $0.25 quarterly. 

BorgWarner , a global automotive supplier that designs and manufactures advanced propulsion technologies, including drivetrain systems, turbochargers, emission systems, electric propulsion solutions, and thermal management systems for vehicles, will lower its quarterly dividend from $0.17 to $0.11 quarterly per share.

Intel (INTC) announced a big dividend cut in 2023. As of July 10, 2023, a total of 15 US listed stocks have announced a dividend cut so far. This however compares to more than 500 dividend hikes YTD. The most shocking dividend cuts in 2023 came from Intel (INTC) and VF Corporation (VFC).

A dividend cut rarely happens in the United States , but when it happens it's mostly a big cut with the stock price taking a beating at the same time. We look at five reasons why companies will cut or suspend their dividend.

Commercial real estate company Paramount Group, Inc. (NYSE: PGRE) ('Paramount') announced today that its board of directors has declared a reduced quarterly cash dividend of $0.035 per share of common stock (a new indicated annual rate of $0.14 per share), for the period from April 1, 2023 to June 30, 2023.

On May 4, 2023, Paramount Global (symbol PARA) announced a 79.2% dividend cut from $0.24 to $0.05 quarterly per share.

Douglas Emmett stock is yielding 4.8% despite the dividend cut (image: company investor presentation) On December 9, 2022, US real estate investment trust Douglas Emmett (trading symbol DEI) announced a new quarterly dividend of $0.19 per share, down 32.1% from the previous quarterly payment of $0.28 per share.

Southern Copper has cut its dividend two times in 2022 for a total decrease of 50%. On October 21, 2022, Southern Copper (trading symbol SCCO) declared a quarterly dividend of $0.50 per share, down 50% from the previous dividend of $0.75 quarterly per share. Its the second dividend cut by the copper miner.  The dividend yield is more than 4%.

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.

Gazprom will not pay a dividend in 2022. Russian gas giant Gazprom announced today that it will not pay a dividend to shareholders for the first time since 1998. On Thursday, June 30, it was announced that Gazprom shareholders voted against paying a dividend for 2021. This ends a long series of annual dividend payments by Gazprom.

Colruyt had one of the best dividend track records in Europe. The Belgian supermarket chain Colruyt , comparable to Kroger in the United States, will lower its dividend in 2022 for the first time in more than 30 years. The share has already fallen far on the Brussels stock exchange in recent years.

Mortgage REIT Ellington Residential (symbol EARN) has announced a 20% dividend cut to 8 cents per share for the company's monthly dividend. 

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.