Three Companies That Slashed Dividends in 2024

Reported about 12 hours ago

This year, three notable companies—Estée Lauder, Medical Properties Trust, and Intel—significantly reduced or suspended their dividend payments, highlighting the unpredictable nature of dividends. Estée Lauder cut its dividend nearly in half due to economic challenges in China, Medical Properties Trust has faced multiple cuts amidst struggles with tenants, and Intel completely suspended its dividend to focus on necessary investments despite ongoing losses. Investors are cautioned that these changes reflect broader operational difficulties and future uncertainty.

Source: YAHOO

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