Another Sign of Rough Sledding Ahead: Dividend Cuts Surpass 2008
Tightening credit puts pressure on companies to scale back payouts.
This article is for subscribers only.
In 2015, equity investors looking for yield suffered death by 394 cuts.
Last year, the number of dividend reductions far surpassed 2008, according to Bespoke Investment Group, citing data from Standard & Poor's.