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Top Dividend News
Poultry Giant Pilgrim’s Pride Files Bankruptcy, Traded at $26 a Share Last Year (PPC) Blackstone Eyes Tech Opportunity in India (BX) Citigroup Ups Prudential Rating But Slashes Target (C, PRU) Ford Contemplating a Sale of Volvo (F) The End of the British Pound? AIG Unloads Wealth Management Business (AIG) Dividend Payout Changes Today (STC, LUK)
-12/01/2008
Pilgrim’s Pride Corp (PPC) just announced it has filed for bankruptcy today, but said it plans to restructure and maintain operations while under Chapter 11 protection.
Management blamed high feed-ingredient costs, an oversupply of chicken, weak market pricing and softening demand for its recent weak performance. The Company is seeking approval to enter into a $450 [...]
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Dividend PayOut Changes
-12/02/2008
The following companies announced a change in their dividend payouts today:STC, LUK.
Companies Cutting Its Dividend
Stewart Info Services (STC) has cut its annual dividend payout from 75 cents to 10 cents. The new dividend yield based on today’s closing stock price of $9.69 is 1.03%. STC is not a recommended stock at this time, holding a [...]
