Article of the Week
"DuPont de Nemours Slashed Their Dividend by 51%"
As you know by my name, I love dividends. And in addition to sharing on here, I write regularly in the investment platform- Seeking Alpha.
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Current Price: $43.88
Portfolio Purpose: Growth 📉
As a dividend-focused investor, something I never want to deal with is any of my portfolio holdings cutting their dividend. Although these are usually foreshadowed, a dividend cut is usually followed by a steep decline in share price.
Dividend cutters are prone to potential underperformance going forward as shareholders typically lose trust. Contrarily, dividend cuts are sometimes needed to speed up the company’s turnaround.
And while is a hard pill to swallow for some shareholders, dividend cuts can unlock value, and lead to long-term growth. As a result, buying beaten down companies can lead to potential outperformance if the company successfully turns things around.
In this week’s article of the week, I discuss DuPont de Nemours’ (DD) dividend cut, and why it may turn out to be their best move to unlocking sustainable growth.
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For educational purposes only. Not financial advice. I am not a licensed professional. Please do your own due diligence.
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