By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Dividend payments plunge by $42.5 billion in worst…
A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images)Xinhua News AgencyCompanies struggling to get through the…
Wells Fargo says it expects to cut dividend…
People walk by a Wells Fargo bank branch on October 13, 2017 in New York City.Spencer Platt | Getty ImagesWells Fargo warned on Monday that it will likely cut its dividend after the Federal Reserve…
HDFC AMC Q4 results: PAT falls 10% YoY…
NEW DELHI: HDFC Asset Management Company (AMC) on Saturday reported a 9.53 per cent year-on-year (YoY) fall in profit after tax (PAT) at Rs 249.83 crore for the three months ended March 31, 2020. In…
Oil major Shell slashes dividend for the first…
Carl Court | AFP | Getty ImagesOil giant Royal Dutch Shell on Thursday cut its dividend to shareholders for the first time since World War II, following a dramatic slide in oil prices amid the coronavirus crisis.The…
Exxon cuts capital spending by 30%, but CEO…
Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company's dividend is safe for the time being."A lot of our shareholders…
The latest investment strategy menaced by flailing markets:…
A pronounced economic slump sparked by the coronavirus outbreak has imperiled a popular investment strategy: buying dividend stocks.These stocks have traditionally been highly coveted during periods of market turbulence because they provide shareholders a dividend…