Stocks

Will BP Cut Dividend?

On June 15, 2020, a BP petrol and diesel filling station in Hildenborough, England. On Wednesday, BP’s CEO told CNBC that the company’s decision to “reset” its dividend to 5.25 cents a share was “deeply rooted in strategy.” Will BP continue to pay dividends? BP p.l.c. has announced that its Scrip Dividend Program would be

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Will CTL Cut Dividend?

Investors may get a sense of déj? vu. After repeatedly assuring investors that the company’s massive dividend was safe, management opted to slash it by more than half in early 2019. According to management, the intention was to limit dividend distributions in order to focus on debt reduction. Did CTL cut its dividend? Investors in

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