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Re: My first dividend cut (this year)

By: Decomposed in POPE 5 | Recommend this post (0)
Sun, 19 Apr 20 12:29 AM | 44 view(s)
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Msg. 59252 of 62138
(This msg. is a reply to 59251 by Zimbler0)

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Zimbler0:

Re: "I suspect this won't be the last . . ."
Restaurant stocks are going to be among the first to do so. Don't you have a position in McCormick & Schmick's? If they haven't already cut their dividend, you should anticipate it.

Fast food chains may do better.









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The above is a reply to the following message:
My first dividend cut (this year)
By: Zimbler0
in POPE 5
Sun, 19 Apr 20 12:16 AM
Msg. 59251 of 62138

Bad news. I just noticed the first company I own some of
to cut their dividend. Cracker Barrel ( CBRL ).

>>>
March 25
Another restaurant operator, Cracker Barrel Old Country Store (CBRL), said it was deferring a previously declared dividend and suspending its regular dividend program.

http://www.barrons.com/articles/coronavirus-is-forcing-companies-to-suspend-dividends-and-cancel-stock-buybacks-51584961202
>>>

I suspect this won't be the last . . .

Zim.


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