Few events destroy as much shareholder value as when a company cuts its dividend. Management plans years ahead when setting the dividend payment because of the disastrous signal it sends when cash comes up short. —Recommended Link— Can You Say This About Your Investment Strategy? One simple strategy is helping folks enjoy retirement more. In fact, the $2,194 Annie from Nevada makes with this method covers all her monthly expenses. The $1,100 that Gordon from California earns makes life easier each month. And Curtis of Washington State puts the $4,200 he collects monthly toward home improvements. Discover the strategy… Read More
Few events destroy as much shareholder value as when a company cuts its dividend. Management plans years ahead when setting the dividend payment because of the disastrous signal it sends when cash comes up short. —Recommended Link— Can You Say This About Your Investment Strategy? One simple strategy is helping folks enjoy retirement more. In fact, the $2,194 Annie from Nevada makes with this method covers all her monthly expenses. The $1,100 that Gordon from California earns makes life easier each month. And Curtis of Washington State puts the $4,200 he collects monthly toward home improvements. Discover the strategy that can enrich your life, too… Sometimes though, a cut in cash return is inevitable. Shares of General Electric (NYSE: GE) were already down 37% to its November 2017 earnings announcement when management halved the dividend. The iconic industrial company had only cut its dividend twice before in 100 years. #-ad_banner-#The shares dropped more than 10% on the announcement and are down another 50% from before the dividend was cut. For Teva Pharmaceuticals (NYSE: TEVA), shares had been falling for a full year when rumors started circling that the dividend would have to be cut. The stock plunged on July… Read More