RE: Divi cut18 Mar 2020 09:19
But in this case, this is an already announced dividend and many investors bought the shares for the dividend. I believe this is not the right thing to do. It is unethical and illegal. They can avoid future dividends depending on the cash flow and the profitability but not the dividend already announced. This will only help the shorters IMO. I bought the shares for the dividend, like many other investors.