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Strategies & Market Trends : Value Investing

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To: S. maltophilia who wrote (78071)9/10/2025 7:18:10 PM
From: Elroy  Read Replies (1) of 78486
 
Bloomin' Brands last cut its dividend in early 2025. The quarterly dividend rate was reduced from $0.24 per share to $0.15 per share, representing approximately a 37.5% cut. This change took effect starting with the dividends declared and paid in 2025, including the dividend with the ex-dividend date on March 11, 2025, and subsequent dividends at the $0.15 level through August 19, 2025.

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I don't follow it that closely, but they've already cut the dividend recently. They're in turnaround mode, and the Q2 results were disappointing, although I don't really know why.
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