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Canadian Dividend Cuts And Suspensions List - What To Do

Published Sun, 19 Apr 2020 09:41:43 -0400 on Seeking Alpha

Several companies cut or suspended their dividend in early 2020 amid the Covid-19 impact on the economy.
Should you keep your shares or not?
This is the answer we will give you according to our dividend growth investing model.
Several companies cut or suspended their dividend in early 2020 amid the Covid-19 impact on the economy. Should you keep your shares or not? This is the answer we will give you according to our dividend growth investing model. Some deserve to be kept even after a cut, but be prepared to be ruthless against most dividend cutters.
Dividend Cut & Suspension List In this new section, we will track to the best of our knowledge all the dividend cuts and suspensions announced by companies we follow during the Covid-19 crisis. This is not a complete list as we wanted to provide additional comments on most companies listed below. We will also tell you if we consider the company a "hold" or a "sell" depending on the reason why it cut/suspended its dividend.
Company Name
Ticker
Cut/Suspension
Hold / Sell
Vermilion Energy
VET [VET.TO]
83% cut
SELL
Crescent Point Energy
CPG [CPG.TO]
75% cut
SELL
Boston Pizza
(OTC:BPZZF) [BPF.UN.TO]
Suspension
SELL
Inter Pipeline
OTCPK: IPPLF [IPL.TO]
72% cut
SELL
NFI Group
OTCPK: NFYEF [NFI.TO]
50% cut
HOLD
Whitecap Resources
OTCPK: SPGYF [WCP.TO]
50% cut
SELL
Chemtrade Logistics
OTC:CGIFF [CHE.UN.TO]
50% cut
SELL
CAE
CAE [CAE.TO]
Suspension
HOLD
MTY Group
OTC:MTYFF [MTY.TO]
Suspension
HOLD
Chorus Aviation
OTC:CHRRF [CHR.TO]
Suspension
SELL
A&W Royalties
OTC:AWRRF [AW.UN.TO]
Suspension
HOLD
Diversified Royalty
OTC:BEVFF [DIV.TO]
15% cut
SELL
Richelieu Hardware
OTC:RHUHF [RCH.TO]
Suspension
HOLD
Peyto Exploration
OTCPK: PEYUF [PEY.TO]
83% cut
SELL
Pizza Pizza
OTC:PZRIF... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
VERMILION ENERGY 15.98   9.3 1.72 2.09 13.10
CAE 25.04   27.5 0.91 0.33 1.17
CRESCENT POINT ENERGY 4.22   0.0 -2.98 0.03 0.74
AG GROWTH INTERNATIONAL 32.90   0.0 0.00 0.00 0.00

VERMILION ENERGY - VET
VERMILION ENERGY - VET  


Older articles featuring Vermilion Energy (VET):
Dividend Cut And Suspension List - What To Do
Ovintiv: Anticipating A Dividend Cut
93 Monthly Pay Dividend Dogs And 80 Top Yield Funds For March
The Retiree's Dividend Portfolio - Jane's January Update: 4 Reasons Why You Find It Difficult Saving Money
This 6% Yield Is Not Fat, It Is Just A Little Husky
73 Dividend Boosts Declared January 20 And 27, 2020
89 Monthly Pay Dividend Dogs And 80 Top Yield Funds For February
The Retiree's Dividend Portfolio - Jane's December Update: The Year-End Review
How To Boost Your Yields Using The 'Income Method'
BGR: 8% Defensive Yield From A Sector We Are Extremely Bullish On

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