skipper54

Is Negative Dividend News Positive for the Stock Price?

I would say that a shipping company cutting dividends, within the present market, is indeed sending up a red flare. You won't see any red flares yet from companies which have stated that their priority is growth as opposed to yield but that doesnt mean to say they are not in the same boat as the erstwhile payers of dividends. But when the growth companies are forced to revalue their assets (the ships) that is when the Mayday signal will be heard loud and clear........(with apologies for the all the maritime metaphors).