Here's a look at nine companies that eliminated dividends this year.

Nine companies eliminating dividends in 2020 declined an average of 52% this year.

It's important to note that these companies may have run out of cash if they didn't.


Looks like it is 11 Cancellations



Bank Dividends?


The European Central Bank has instructed lenders to cancel all measures to return funds to shareholders. Regulators in the US and the UK should follow their example.



UK's Biggest Banks Scrap Dividends and Bonuses



Glencore Defers Dividend Payment



EasyJet Pays Dividend, Takes Bailout




Hong Kong Still Pays Dividends



All Shook Up



Goldman Sachs Sees Dividend Slash of 25%



A Different Kind of Dividend


Important to note that what's happened *so far* is largely baked in based on (bad) choices the U.S. made a week to a month ago, or longer. The data lags our actions to an extent that folks don't seem to fully appreciate. But making better choices *now* *will* pay dividends later.

This material is based upon information that Sitka Pacific Capital Management considers reliable and endeavors to keep current, Sitka Pacific Capital Management does not assure that this material is accurate, current or complete, and it should not be relied upon as such.

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