other articles on wachovia mention a cut in divs from 37c to 5c, saving $700m.
you have to assume similar cuts to divs here - maybe not to that extent, but considering the lack of funding present currently, companies will be looking to hold onto as much cash as they can - folks can kiss their yields goodbye.
p.s. does anyone have info on the cuts to divs the aust banks handed down in 1990, 1991 etc.
i understand WBC slashed their divs enormously.
- Forums
- ASX - By Stock
- DJIA
- wachovia reports record loss of 8.9 billion
wachovia reports record loss of 8.9 billion, page-5
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJIA (INDEXDJX) to my watchlist
(20min delay)
|
|||||
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a |
Open | High | Low |
26,683 | 0.00 | 0.00 |