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Re: Scotttrader80 post# 125

Tuesday, 03/10/2020 1:27:15 PM

Tuesday, March 10, 2020 1:27:15 PM

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Just the start all issues will be following suit. Not a good time for dividend investing! Flight to quality will continue..

Occidental Petroleum slashed its quarterly dividend 86% to 11 cents a share from 79 cents and said it would reduce capital spending by about a third in the wake of the drop in oil prices.

https://www.thestreet.com/investing/occidental-slashes-dividend-cuts-capex-amid-falling-oil-prices?puc=_htmlmdb_pla&cm_ven=EMAIL_htmlmdb&tstmem=171462793&utm_source=newsletter&utm_medium=email&utm_campaign=MDB&utm_term=Occidental+Petroleum+Slashes+Dividend+86%25+and+Will+Cut+Capex+After+Oil-Price+Decline

---The Happy Trader

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