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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: stardusting who wrote (873)3/17/2022 6:26:44 PM
From: chowder1 Recommendation

Recommended By
rnsmth

  Respond to of 24218
 
Re: >> Some issues with a dividend cut comes when a company commits to its dividend, then soon thereafter cuts it. <<

I would agree with that but in the case of D, they have always been committed to the dividend. The only reason they cut it is because they sold off their pipeline business and they had to account for that. Once everything settled down, D was right back to where it was, committed to the dividend and announcing 6% dividend increases.