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Archive Home > 2008 > July > 07 > Slowdown takes a toll on dividend payments

Slowdown takes a toll on dividend payments

By Tomoeh Murakami Tse and Nancy Trejos / The Bulletin
July 7, 2008

WASHINGTON — The credit crisis and economic slowdown have become so grave that many companies are chopping dividend payments to their shareholders.

Financial institutions, reeling from the rise in foreclosures and ensuing credit crunch, are making the most drastic reductions.....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.