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Pensions & Investments: Dividend cutters stay in a tight range
View the full article featuring Wall Street Horizon data on Pensions & Investments.
Excerpt:
In the fourth quarter, 101 companies, or 7% of the universe (stocks with greater than a $1 billion market capitalization), cut dividends. The percentage is in line with the previous five quarters. One-quarter of the companies raised dividends. During difficult economic times or periods of uncertainty, the proportion that lower dividends typically rises to more than 10%...
