Friday, November 21, 2008

If the Key Don't Fit: KeyCorp Further Reduced Dividend

KeyCorp, a bank, has slashed its dividend a second time after declaring comfort with the dividend level a month ago. It is now down to 6.25 cents a share from the prior cut at 18.75 and even more massive of a mark down from the 37.5 earlier in the year.

Some fixed income folks and mutual funds are going to be distributing less because of actions like this across the market. Banks, Shipping, and Real Estate have been some notable sectors doing heavy dividend cuts in this climate.

Related:
Dividend Cuts
Out of the Sky and Into the Ash: Ashland Trashes Dividend Almost 75%
Property, not the Place to Be: AMB Property Hit
The Rock is Chipped: Prudential Dividend Cut Nearly in Half

8 comments:

Anonymous said...

Its great doing heavy dividend cut in such situation.Your slashing is at the right time

suman
very good bpo

Unknown said...

This should be high to progress.






kanal

key should be fit

Unknown said...

really its very important.you should fit this other wise it is problem for your work.

very nice bpo call center solution

Unknown said...

To improve it, there is needed to take some new and effective system.

Benjamin
outsourcing solution in BPO

Anonymous said...

yes,it's a very good decision. Go ahead.

sam


Excellent BPO sector

Unknown said...

this should be high to progress.

sucharita

out sources bpo & call center solution

Anonymous said...

Absolutely right step for the situation.

sam

Outsources BOP and Call centre solution

Anonymous said...

You are doing a good work.

suman

outsources bpo & call center solutions