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Showing posts with the label Shell Midstream Partners

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.
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Shell Midstream Partners cuts distribution by 34.8%

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Shell Midstream Partners (SHLX) will cut its quarterly dividend by almost 35% to 30 cents per share. The MLP last raised its quarterly distribution by 3.4 percent to $0.46 per unit in Q1 of 2020. The dividend cut ends five straight years of distributions paid by Shell Midstream.
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The 10 biggest dividend cuts in the USA for 2024

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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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