Dividend-News

Daily dividend news for investors in dividend stocks


Dividend Cuts Piling Up

Published Tue, 23 Feb 2016 20:29:46 -0500 on Seeking Alpha

Did you know that there has been at least one dividend cut announcement on each and every single trading day in February 2016?
It's true! The only weekday that didn't have one was Monday, 15 February 2016, which didn't have one because U.S. markets were closed for trading for the President's Day holiday.
That said, the number of dividend cuts announced in this first quarter of 2016 is now greater at this point of time than the number that were announced in the first quarter of a year ago. The accompanying chart is the visual proof:

Of course, another way to describe what the chart shows is that the number of dividend cuts in 2016-Q1 is running a week ahead of the pace set in 2015-Q1, which is also to say that its worse than in 2015-Q1.
Right now, our unofficial count of dividend cuts for February 2016, as of 22 February 2016, is 30. Of these 30 firms, half are in the oil and gas producing sector of the U.S. economy, 4 are in the financial industry, 3 are in high tech, 2 are in the chemical industry (or really the agriculture industry since both firms make nitrogen-based fertilizer products), and there is one each for the industrial sectors of biotech, manufacturing, services, shipping, mining and real estate.
But you don't have to take our word for it. Here's the list-to-date for the month: PDL BioPharma (Nasdaq: PDLI), Twin Disc (Nasdaq: TWIN), Rent-A-Center (NYSE: RCII), Apollo Global Management (NYSE: APO), ECA Marcellus Trust I... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
BRISTOW GROUP 0.29   0.0 -10.17 0.00 97.87
ECA MARCELLUS TRUST I 1.84   0.0 0.00 0.26 23.54
CHESAPEAKE GRANITE WASH TRUST 1.26   0.0 0.00 0.12 19.57
ENDURO ROYALTY TRUST 3.60   2.6 1.39 0.53 14.39
MESA ROYALTY TRUST 13.04   0.0 0.00 1.51 11.54
CROSS TIMBERS ROYALTY TRUST 12.65   10.0 1.27 1.38 10.78
CVR PARTNERS 3.74   0.0 -0.33 0.28 7.43
APOLLO GLOBAL MANAGEMENT 32.13   36.5 0.88 1.84 6.83
CENTERRA GOLD 20.76   12.3 1.69 0.76 3.63
SABINE ROYALTY TRUST 48.87   13.5 3.62 1.76 3.59
MAGIC SOFTWARE ENTERPRISES 8.89   22.8 0.39 0.30 3.38
KKR & CO LP 24.50   8.3 2.94 0.50 2.03
CONOCOPHILLIPS 62.45   10.1 6.19 1.22 1.96
ANADARKO PETROLEUM 72.75   76.6 0.95 1.20 1.65
SYMANTEC 20.05   501.2 0.04 0.30 1.51
RENT-A-CENTER 23.77   36.6 0.65 0.32 1.32
ENERPLUS RESOURCES FUND 8.39   7.4 1.14 0.09 1.07
DEVON ENERGY 30.03   5.0 6.05 0.36 1.05
YAMANA GOLD 2.00   0.0 -0.13 0.02 1.00
GAMCO INVESTORS 19.59   5.1 3.83 0.08 0.41
ENERGEN 70.21   16.2 4.33 0.00 0.12
ALON USA PARTNERS LP 16.55   0.0 0.00 0.00 0.00
PDL BIOPHARMA 2.98   0.0 -0.42 0.00 0.00
PRECISION DRILLING 2.13   0.0 -0.65 0.00 0.00
TWIN DISC 13.91   9.9 1.40 0.00 0.00
 

BRISTOW GROUP - BRS
BRISTOW GROUP - BRS  


Older articles featuring Bristow Group (BRS):
Stocks Trading Ex-Dividend on 8/30/2016
12 Months Of High-Yield Bond Reviews From Durig Capital - The Recap
When Analysts Warn About A Dividend Cut, Should You Listen?
Dividends In Danger? Let's Restart This Series
Dividend Champions 100th Edition
Sampling Dividend Cuts In February 2016
Stocks Trading Ex-Dividend on 8/28/2015
Stocks Trading Ex-Dividend on 6/3/2015
Stocks Trading Ex-Dividend on 11/25/2014
Stocks Trading Ex-Dividend on 8/27/2014

More