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Stock impact report

Coronavirus pandemic may put an end to dividends [Yahoo! Finance News]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Your once sacred quarterly dividend check may be a thing of the past for now) as the coronavirus pandemic forces Corporate America to rethink how they allocate precious cash.A total of 18 companies have announced dividend cuts since March 1, according to Bank of America Global Research. Some of the biggest names to rework their dividends so far include Ford suspended it) and Delta Air Lines suspended it).To date for the second quarter, there has been 57 actions as it pertains to dividend payouts, notes S&P Global senior index analyst Howard Silverblatt. Forty of the actions have been dividend suspensions, amounting to a net decline in payouts of $4.8 billion.BofA’s analysts see “elevated” dividend risk for an additional 30 companies and overall four times the risk they saw at the end of 2019. Most of the sectors at risk for dividend cuts are the beat up energy and consumer patches as stunted consumer demand zaps interest in buying oil and discretionary goods. These sectors also have Show less Read more
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