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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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Douglas Emmett announces 32% dividend cut

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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.
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Monthly dividend payer SL Green Realty cuts dividend by 12.9%

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On December 5, 2022, SL Green Realty Corp (trading symbol SLG) declared a monthly dividend of $0.2708 per share. This is 12.9% dividend cut from the previous monthly payment of $0.3108 per share. The dividend yield for SLG is 9.1% at a stock price of $34.76.
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Swedish Dividend Aristocrat Castellum shocks with dividend suspension

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In a rather shocking announcement Sweden’s real estate company Castellum AB announced that it will pause its dividend payments. Castellum had the best track record of all REITs in Sweden with 20+ consecutive years of dividend growth.
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Southern Copper cuts dividend by (another) 50% in October 2022

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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%.
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Steelcase cuts dividend second time in 3 years | Another 31% cut

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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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Industrial Logistics Properties Trust cuts dividend by 97%

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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.
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Russia's Gazprom skips dividend for first time since 1998

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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.
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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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