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0.000972695060098564 0.00142430348085884 0.00132008615299102 0.00423817133328691 -0.00125060793441261 0.0077468213715001 0.0113596887375807 0.0126450357812825
Stock impact report

For investors banking on dividends, the 'pain has just begun' [CNBC]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: CNBC
Markets with Bob PisaniFor investors banking on dividends, the 'pain has just begun'Published Wed, Apr 15 2020@BobPisaniKey PointsAlex Gorsky, Chairman and CEO of Johnson & Johnson, rings the opening bell to celebrate the 75th anniversary of his company's listing at the New York Stock Exchange, September 17, 2019.Brendan McDermid | ReutersJohnson & Johnson surprised investors with a modest dividend increase of 6.3%, followed by cter & Gamble, which raised its dividend 6%.But don't kid yourself:  They are likely anomalies.Dividends are under pressure because of a dramatic drop in cash flow used to fund them. There's also concern that companies that take any government aid will be under pressure to suspend the dividend."Dividend pain has just begun," analyst Charles Toole of Adviser Investments wrote in a recent note to clients.Many companies have suspended share buybacks and even withdrawn guidance, but so far only a very few have suspended dividend payments, includingCarnival,DardenFo Show less Read more
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