The following are notable Stock Dividend Decreases for the Month of May , 2017
TEGNA Inc. (TGNA)
TEGNA is a Digital content provider. TEGNA operates 46 television broadcast stations. Its Digital Brands include: Cars.com , Career Builder.com, G/O Digital, and Premion.
In its May 2017 Dividend Announcement TEGNA has Reduced its Quarterly Dividend by -50% from $0.14 to $0.07 per share.
Its new annual Dividend is now $0.28 per share.
ARES Management, L.P (ARES)
“Ares affiliates manage several publicly traded funds(2), which allow retail and institutional investors to access our expertise across Credit and Real Estate. We believe that expanding investor access to alternative investments provides diversified sources of return and attractive solutions for investors seeking higher levels of income.”
Their funds include : ARES Capital Corporation (ARCC), ARES Commercial Real Estate Corporation (ACRE), and ARES Dynamic Credit Allocation Fund (ARDC)
In its May 2017 Dividend Declaration ARES Management Reduced its Quarterly Dividend -53% from $0.28 to $0.13 per share.
Its new annual dividend is now $0.52 per share.
Wheeler Real Estate Investment Trust, Inc. (WHLR)
Wheeler Real Estate Investment Trust is headquartered in Virginia Beach, Virginia. It was formed with the primary objective of acquiring, financing, developing, leasing, owning and managing income producing assets such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. WHLR’s portfolio consist of approximately 70 properties that are located primarily in the Southeast United States .
In a recent May, 2017 Dividend Announcement Wheeler decreased its quarterly dividend from 0.42 to 0.34 per share
Its new annual Dividend is now $1.36 per share.
Stage Stores, Inc. (SII)
Stage Stores are Headquartered in Houston, Texas and was originally formed in the 1920’s as two separate family businesses, Palais Royal and Bealls. Today they operate under the following Brand Names: Bealls, Goodys, Palais Royal, Peebles and Stage. Stage operates 820 stores in 38 states.
During its May, 2017 Dividend announcement Stage Stores has Decreased its Quarterly Dividend from $0.15 to $0.05 per share.
Its new Annual Dividend is now $0.20 per share.
Terra Nitrogen Company, L.P. (TNH)
Terra Nitrogen is a materials company engaged in the mining, processing and distribution of Nitrogen and related products such as Urea Ammonium Nitrate
In its May 2017 dividend announcement Terra Nitrogen has Decreased its Quarterly Dividend from $1.22 to $0.96 per share.
Its new Annual Dividend is now $3.84 per share.
Time Inc. (TIME)
Time Inc. has many iconic brands including Southern Living, Cooking Light, Health, People Magazine, Sports Illustrated, Money Magazine and of course Time Magazine.
Time Inc. in its May 2017 dividend declaration has Decreased its quarterly Dividend -79% from $0.19 to $0.04 per share
The new annual dividend is now $0.16 per share.
Medley Capital Corporation (MCC)
In its May 2017 declaration of its dividend Medley capital has decreased its quarterly dividend by -27% from $0.22 to $0.16 per share.
The new annual dividend is now $0.64 per share.
Southside Bancshares (SBSI)
Southside Bancshares is a holding company for Southside Bank based out of Texas.
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Southside Bancshares Decreases Stock Dividend!
In its May 2017 declaration Southside Bancshares has Decreased its Annual Stock Dividend from 5% to 2%.
This is the first time it has reduced the dividend in 17 years !
GlaxoSmithKline Plc (GSK)
GlaxoSmithKline is a pharmaceutical Drug Manufacturer of a wide range of vaccines, consumer health products and prescription medicines. It is based in the United Kingdom.
In its May 2017 dividend announcement GlaxoSmithKline has Decreased its quarterly dividend by -17.4%. Its quarterly dividend was reduced from $0.23 (Euro) to $0.19 (Euro) per share.
Its new Annual dividend is now $0.76 ( Euro) per share.
Frontier Communications Corp (FTR)
Frontier Communications provides Internet and Communications services to urban and rural ares in 29 states.
Frontier Communications has announced in May 2017 it has Decreased its Quarterly dividend -61.9%
Annually it decreased from $0.42 to $0.16 per share
For a Complete list of Dividend Decreases for May 2017 please visit our
Dividend News Page