Coronavirus Spurred Companies to Hoard Cash. Now They Are Starting to Dole It Out.

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Covid-19 cases are surging but companies like Kohl’s, Marathon Oil and the Olive Garden’s owner are resuming dividend payments—a sign they expect the pandemic’s worst is behind them

After scrambling to hoard cash in the spring, some large U.S. companies that halted their dividend payments are reversing their decision, a sign that their leaders believe the worst of the crisis is behind them.

Earlier this year, when much of the country’s economy shut down in the first waves of the coronavirus pandemic, companies withdrew cash from credit lines, stopped repurchasing stock and halted dividend payments amid the uncertainty. The public health plight continues, but many businesses—from factories to law firms—have...

 

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You mean the flu...

Or it’s a year end tad move

Corporations can’t fail but you can dear workers

Um so they're taking their stimulous money and giving it to stock holders? We will have 2 million new cases in the next week and millions more who get infected because of gathering at Thanksgiving. It's about to get allot worse. Shelter

or, reality... other than the stupid panicking by the media, people is realising that this 'pandemic' -so far killed less than 0.015% of global population, Spanish flu killed 2.4%- is just anothere strong flu season. WJS should stop panicking people and tell the truth, for once.

Losers and Suckers!

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Alternatively a “sign” they value investors more than employees 😷

We Chinese all know COVID-19 was intentional accidentally leaked on Sept 18, 2019 when CCP did a drill to plant & detect the virus at Wuhan airport. The virus was made in a PLA lab - The other side of the pandemic the mainstream media doesn’t want you to know.

So, despite media cramming it down our throats, they're not buying into the narrative

Are they not paying attention?

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