DIVIDENDCUT.COM - News about dividend cuts and suspensions

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. 

On June 13, 2023, Redwood Trust, Inc. (RWT), a leader in expanding access to housing for homebuyers and renters, announced that its Board of Directors has declared second quarter 2023 common and preferred stock dividends. The dividend yield is 9.9% at a stock price of $6.47.

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.

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.

Starwood Waypoint Homes (SFR) will cut its quarterly dividend to $0.11 per share.

Kindred Healthcare (KHD) will suspend its dividend.

Columbia Property Trust (CXP) will lower its quarterly dividend from $0.30 to $0.20 per share.

ARMOUR Residential REIT (ARR) will lower its monthly dividend from $0.22 to $0.19 per share.

Cousins Properties (CUZ) will cut its quarterly dividend $0.08 to $0.06 per share. The fourth quarter dividend will be payable January 19, 2017, to common shareholders of record on January 13, 2017. "Our fourth quarter dividend reflects the spin-off we completed in early October," said Larry Gellerstedt, president and chief executive officer of Cousins. "It was determined using the same distribution policy we have employed since 2011 and is consistent with our prior disclosures." Cousins Properties Incorporated, based in Atlanta, GA, is a fully integrated equity real estate investment trust. The company primarily invests in Class-A office properties located in high growth Sunbelt markets, with a focus on Georgia, Texas and North Carolina.

Liberty Property Trust (LPT) will lower its quarterly dividend to $0.40 per share. Liberty Property Trust is a real estate investment trust. The Company's industrial properties consist of a range of warehouse, distribution, service, assembly, light manufacturing, and research and development facilities. Its office properties consist of metro-office buildings and multi-story and single-story office buildings located principally in suburban mixed-use developments or office parks.

Real Estate Investment Trust Vornado Realty Trust (NYSE: VNO) will lower its quarterly dividend following the spin-off of Urban Edge Properties (NYSE: UE).

Temple Hotels (TSX: TSH) will lower its monthly dividend from $0.045 to $0.025 per share.

Armour Residential REIT will lower its monthly dividend from $0.05 to $0.04 per share.