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A Looming Dividend Cut

Sunday, May 20, 2012 - 8:05 AM
From the Wall Street Journal
As super-low interest rates drive more income-seeking savers to stocks with hefty dividends, the news last week that venerable J.C. Penney was cutting its 80-cent annual payout hit like a cold slap of reality.

Investors need to know that other high-yielding stocks could follow suit, likely leaving stockholders with both a smaller payout and a battered share price. And there are signs to watch for, experts say.

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Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
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