Energy Dividends Continue to Plunge With Oil Demand
Energy companies continue to cut deeply into their 2020 spending plans to combat plunging demand for oil amid the COVID-19 outbreak and subsequent shutdown of much of the global economy. While many companies are working hard to preserve their dividends during this uncertain time, others are slashing or eliminating shareholder payouts to conserve cash.
Here's a look at the latest dividend casualties, which also hints at what companies might be next in line for a reduction.
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Source Fool.com
