Here Is a List of Companies That Have Suspended Dividends or Stopped Stock Buybacks in April

After dozens of companies suspended or cut their dividends in recent weeks amid the coronavirus-driven business slowdown, some analysts believe dozens more are vulnerable across a variety of sectors.

Take banks: After suspending stock buybacks in mid-March, eight big U.S. financial firms, including Bank of America and JPMorgan Chase , appeared as though they could emerge from the coronavirus crisis with their dividends intact. After European and U.K. banks suspended their dividends on regulators’ urging,... Subscribe or Sign In to continue reading.

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People bought their stock b/c they gave a dividend!!

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If Companies Aren’t Buying Their Own Stock, Who Is?Companies including Hilton, Chevron, JPMorgan, AT&T and Carnival have suspended their share-repurchase plans in recent weeks, removing a crucial pillar of support for the stock market as it struggles to find its footing after a record stretch of turbulence. Find someone who makes you laugh, protects your heart and isn’t afraid to adore you like crazy. China already buying on low price in order to cover ancient losses from bonds
Source: WSJ - 🏆 98. / 63 Read more »