Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mohit Oberoi

Up Nearly 20% in a Month, Is This Turnaround Dividend Stock Still a Buy in July?

Usually, corporate dividends and high dividends don’t make a good combo, as one of the ways companies try to “turn around” their business is by cutting costs, and at times, this means cutting dividends as they try to lower their cash outflows.

Additionally, the reason the company needs to “turn around” in the first place is that it is not performing well financially, which implies that the dividend might be at risk of being cut or suspended altogether. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.