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"Dividends were reduced" - request for information


I'm running research of dividend cuts. Goal is to create set of metrics (like Altman Z-scope) to predict possible dividend reduction.
From data I have it is clear that metrics are sector dependent - they are different for banks, REITs, industrials, etc.

I have enough data for banks, retailers and insurances statistics, but need to crunch more numbers to have robust metrics for other industries.

I'm looking for info (symbols ) about US and non-US companies that reduced their dividends within last 20 years.
1) a company should have growing or flat dividends for at least 5 years before the dividend cut or 2) a company should have long history (at least 8 years) of dividends with variations of quarterly dividends much smaller than the dividend reduction.
Dividends cut in type 2 company should be big enough, so computer will distinguish it from normal dividends fluctuations.
The 5 & 8 years requirements are valid for quarterly dividends, if they are annual I need 4X more history.

Please email me possible ticker symbols with subject line "Dividends were reduced"

Thank you for you help!

  As 18 May 2011 I already analyzed the following companies that did and did NOT cut dividends (the latest were used in control runs to see the metrics robustness):

Symbol Company Industry Country
AA Alcoa, Inc. Aluminum USA
ABFS Arkansas Best Corporation Trucking USA
ACC American Campus Communities Inc. REIT USA
ACE ACE Limited Insurance Switzerland
ACFC Atlantic Coast Federal Corporation Bank USA
ACO Amcol International Corp. General Building Materials USA
ADC Agree Realty Corp. Property Management USA
AEA Advance America, Cash Advance Centers Inc. Credit Services USA
AEE Ameren Corporation Diversified Utilities USA
AEO American Eagle Outfitters, Inc. Apparel Stores USA
AF Astoria Financial Corporation Bank USA
AFG American Financial Group Inc. Property & Casualty Insurance USA
AFL AFLAC Inc. Insurance USA
AGM Federal Agricultural Mortgage Corp. Credit Services USA
AHT Ashford Hospitality Trust Inc. REIT USA
AIN Albany International Corp. Textile Industrial USA
AIZ Assurant Inc. Insurance USA
AJG Arthur J Gallagher & Co. Insurance USA
AKR Acadia Realty Trust Property Management USA
ALE ALLETE, Inc. Diversified Utilities USA
ALL The Allstate Corporation Property & Casualty Insurance USA
ALNC Alliance Financial Corporation Bank USA
ALTE Alterra Capital Holdings Limited Insurance Bermuda
AMB AMB Property Corp. REIT USA
AMNB American National Bankshares Inc. Bank USA
ANAT American National Insurance Co. Insurance USA
APAGF Apco Oil & Gas International Inc. Independent Oil & Gas USA
APOG Apogee Enterprises, Inc. General Building Materials USA
ARE Alexandria Real Estate Equities Inc. REIT USA
AROW Arrow Financial Corporation Bank USA
ASBC Associated Banc-Corp Bank USA
ASFI Asta Funding Inc. Business Services USA
AUBN Auburn National Bancorporation, Inc. Bank USA
AVB Avalonbay Communities Inc. REIT USA
AVY Avery Dennison Corporation Paper & Paper Products USA
AXS Axis Capital Holdings Ltd. Insurance Bermuda
B Barnes Group Inc. Industrial Equipment & Components USA
BA Boeing Co. Aerospace/Defense Products & Services USA
BAC Bank of America Corporation Bank USA
BANF BancFirst Corporation Bank USA
BAP Credicorp Ltd. Bank Peru
BBT BB & T Corp. Bank USA
BBVA Banco Bilbao Vizcaya Argentaria, S.A. Bank Spain
BBX BankAtlantic Bancorp Inc. Bank USA
BBY Best Buy Co. Inc. Electronics Stores USA
BCH Banco de Chile Bank Chile
BCS Barclays PLC Bank United Kingdom
BFSB Brooklyn Federal Bancorp Inc. Bank USA
BGFV Big 5 Sporting Goods Corp. Sporting Goods Stores USA
BGG Briggs & Stratton Corp. Diversified Machinery USA
BGS B&G Foods Inc. Processed & Packaged Goods USA
BHB Bar Harbor Bankshares Bank USA
BID Sotheby's Specialty Retail, Other USA
BKBK Britton & Koontz Capital Corp. Bank USA
BKE Buckle Inc. Apparel Stores USA
BKYF Bank of Kentucky Financial Corp. Bank USA
BLL Ball Corporation Packaging & Containers USA
BMO Bank of Montreal Bank Canada
BMR BioMed Realty Trust Inc. REIT USA
BMTC Bryn Mawr Bank Corp. Bank USA
BNS The Bank Of Nova Scotia Bank Canada
BOH Bank of Hawaii Corporation Bank USA
BRE BRE Properties Inc. REIT USA
BRKL Brookline Bancorp, Inc. Bank USA
BRO Brown & Brown Inc. Insurance USA
BSI Alon Holdings Blue Square - Israel Ltd Grocery Stores Israel
BSRR Sierra Bancorp Bank USA
BTH Blyth, Inc. Personal Products USA
BUSE First Busey Corporation Bank USA
BWS Brown Shoe Co. Inc. Specialty Retail, Other USA
BX The Blackstone Group Asset Management USA
BXP Boston Properties Inc. REIT USA
BXS BancorpSouth, Inc. Bank USA
CAC Camden National Corp. Bank USA
CAE CAE Inc. Aerospace/Defense Products & Services Canada
CARV Carver Bancorp Inc. Bank USA
CASC Cascade Corp. Farm & Construction Machinery USA
CASY Casey's General Stores Inc. Grocery Stores USA
CATO Cato Corp. Apparel Stores USA
CAW CCA Industries Inc. Personal Products USA
CB The Chubb Corporation Insurance USA
CBIN Community Bank Shares of Indiana Inc. Bank USA
CBK Christopher & Banks Corporation Apparel Stores USA
CBL CBL & Associates Properties Inc. REIT USA
CBS CBS Corporation Broadcasting - TV USA
CBSH Commerce Bancshares Inc. Bank USA
CBU Community Bank System Inc. Bank USA
CCBG Capital City Bank Group Inc. Bank USA
CCL Carnival Corporation General Entertainment USA
CCNE CNB Financial Corp. Bank USA
CEBK Central Bancorp Inc. Bank USA
CEG Constellation Energy Group, Inc. Electric Utilities USA
CFFI C&F Financial Corp. Bank USA
CFNB California First National Bancorp Bank USA
CFR Cullen/Frost Bankers, Inc. Bank USA
CGNX Cognex Corporation Scientific & Technical Instruments USA
CHCO City Holding Co. Bank USA
CHEV Cheviot Financial Corp. Bank USA
CHFC Chemical Financial Corp. Bank USA
CHH Choice Hotels International Inc. Lodging USA
CHK Chesapeake Energy Corporation Independent Oil & Gas USA
CHKE Cherokee Inc. Textile - Apparel Clothing USA
CIB Bancolombia S.A. Bank Colombia
CINF Cincinnati Financial Corp. Insurance USA
CIZN Citizens Holding Company Bank USA
CLI Mack-Cali Realty Corp. REIT USA
CM Canadian Imperial Bank of Commerce Bank Canada
CMA Comerica Incorporated Bank USA
CMS CMS Energy Corp. Diversified Utilities USA
CNBKA Century Bancorp Inc. Bank USA
CNP CenterPoint Energy, Inc. Diversified Utilities USA
COL Rockwell Collins Inc. Aerospace/Defense Products & Services USA
COST Costco Wholesale Corporation Discount, Variety Stores USA
CPNO Copano Energy LLC Oil & Gas Pipelines USA
CPO Corn Products International Inc. Processed & Packaged Goods USA
CRRB Carrollton Bancorp Bank USA
CRRC Courier Corporation Publishing - Books USA
CRS Carpenter Technology Corp. Steel & Iron USA
CSA Cogdell Spencer Inc. REIT USA
CSBC Citizens South Banking Corp. Bank USA
CSE CapitalSource Inc. Credit Services USA
CSS CSS Industries Inc. Business Services USA
CTBI Community Trust Bancorp Inc. Bank USA
CTCM CTC Media, Inc Broadcasting - TV Russia
CVBF CVB Financial Corp. Bank USA
CVS CVS Caremark Corporation Drug Stores USA
CYN City National Corp. Bank USA
CZNC Citizens & Northern Corp. Bank USA
DCOM Dime Community Bancshares Inc. Bank USA
DCT DCT Industrial Trust Inc. REIT USA
DDE Dover Downs Gaming & Entertainment Inc. Gaming Activities USA
DEG Delhaize Group Grocery Stores Belgium
DEI Douglas Emmett Inc REIT USA
DFG Delphi Financial Group, Inc. Insurance USA
DFS Discover Financial Services Credit Services USA
DFZ RG Barry Corp. Textile - Apparel Footwear & Accessories USA
DGICA Donegal Group Inc. Insurance USA
DHR Danaher Corp. Conglomerates USA
DIT AMCON Distributing Co. Food Wholesale USA
DLR Digital Realty Trust Inc. REIT USA
DNBF DNB Financial Corp. Bank USA
DOM Dominion Resources Black Warrior Trust Diversified Investments USA
DRE Duke Realty Corp. REIT USA
DX Dynex Capital Inc. Mortgage Investment USA
EBMT Eagle Bancorp Montana, Inc. Bank USA
ECBE ECB Bancorp Inc. Bank USA
EDUC Educational Development Corp. Wholesale, Other USA
EGP EastGroup Properties Inc. REIT USA
ELNK EarthLink Inc. Internet Service Providers USA
EMCI EMC Insurance Group Inc. Insurance USA
EP El Paso Corp. Oil & Gas Pipelines USA
EPAX Ambassadors Group Inc. Education & Training Services USA
EPHC Epoch Investment Partners, Inc. Asset Management USA
EPR Entertainment Properties Trust REIT USA
EQR Equity Residential REIT USA
ERF Enerplus Corporation Oil & Gas Drilling & Exploration Canada
ERIE Erie Indemnity Co. Insurance USA
ESBK Elmira Savings Bank Bank USA
ESS Essex Property Trust Inc. REIT USA
ETP Energy Transfer Partners L.P. Oil & Gas Pipelines USA
EVBN Evans Bancorp Inc. Bank USA
EVBS Eastern Virginia Bankshares Inc. Bank USA
FBMI Firstbank Corporation Bank USA
FBNC First Bancorp Bank USA
FBSS Fauquier Bankshares Inc. Bank USA
FCAP First Capital Inc. Bank USA
FCCO First Community Corporation Bank USA
FCF First Commonwealth Financial Corp. Bank USA
FDO Family Dollar Stores Inc. Discount, Variety Stores USA
FDP Fresh Del Monte Produce Inc. Farm Products Cayman Islands
FFBC First Financial Bancorp. Bank USA
FFCH First Financial Holdings Inc. Bank USA
FFDF FFD Financial Corp. Bank USA
FFG FBL Financial Group Inc. Life Insurance USA
FFIC Flushing Financial Corp. Bank USA
FFIN First Financial Bankshares Inc. Bank USA
FISI Financial Institutions Inc. Bank USA
FITB Fifth Third Bancorp Bank USA
FL Foot Locker, Inc. Apparel Stores USA
FLIC First of Long Island Corp. Bank USA
FLS Flowserve Corp. Diversified Machinery USA
FMBI First Midwest Bancorp Inc. Bank USA
FMER FirstMerit Corporation Bank USA
FNB F.N.B. Corporation Bank USA
FNFG First Niagara Financial Group Inc. Bank USA
FNLC The First Bancorp, Inc. Bank USA
FO Fortune Brands Inc. Home Furnishings & Fixtures USA
FPO First Potomac Realty Trust REIT USA
FRO Frontline Ltd. Shipping Bermuda
FRT Federal Realty Investment Trust REIT USA
FSBI Fidelity Bancorp Inc. Bank USA
FSBK First South Bancorp Inc. Bank USA
FSC Fifth Street Finance Corp. Credit Services USA
FSP Franklin Street Properties Corp. REIT USA
FULT Fulton Financial Corp. Bank USA
FUN Cedar Fair LP General Entertainment USA
FUNC First United Corporation Bank USA
FWV First West Virginia Bancorp Inc. Bank USA
GAIN Gladstone Investment Corporation Diversified Investments USA
GBCI Glacier Bancorp Inc. Bank USA
GCBC Greene County Bancorp, Inc. Bank USA
GCI Gannett Co., Inc. Publishing - Newspapers USA
GE General Electric Co. Conglomerates USA
GLBZ Glen Burnie Bancorp Bank USA
GLW Corning Inc. Diversified Electronics USA
GMT GATX Corp. Rental & Leasing Services USA
GNTX Gentex Corp. Auto Parts USA
GPS Gap Inc. Apparel Stores USA
GSBC Great Southern Bancorp Inc. Bank USA
GTY Getty Realty Corp. REIT USA
HARL Harleysville Savings Financial Corporation Bank USA
HBAN Huntington Bancshares Inc. Bank USA
HBC HSBC Holdings plc Bank United Kingdom
HBHC Hancock Holding Co. Bank USA
HBNC Horizon Bancorp. Bank USA
HBOS Heritage Financial Group Bank USA
HCBK Hudson City Bancorp, Inc. Bank USA
HCC HCC Insurance Holdings Inc. Insurance USA
HCN Health Care REIT Inc. REIT USA
HD The Home Depot, Inc. Home Improvement Stores USA
HDNG Hardinge Inc. Machine Tools & Accessories USA
HFFC HF Financial Corp. Bank USA
HGIC Harleysville Group Inc. Insurance USA
HIFS Hingham Institution for Savings Bank USA
HIHO Highway Holdings Ltd. Metal Fabrication Hong Kong
HME Home Properties Inc. REIT USA
HNI HNI Corp. Business Equipment USA
HOC Holly Corporation Oil & Gas Refining & Marketing USA
HOG Harley-Davidson, Inc. Recreational Vehicles USA
HON Honeywell International Inc. Aerospace/Defense Products & Services USA
HPT Hospitality Properties Trust REIT USA
HPY Heartland Payment Systems, Inc. Business Services USA
HR Healthcare Realty Trust Inc. REIT USA
HRB H&R Block, Inc. Personal Services USA
HRZ Horizon Lines, Inc. Shipping USA
HSY Hershey Co. Confectioners USA
HTGC Hercules Technology Growth Capital, Inc. Diversified Investments USA
HTLF Heartland Financial USA Inc. Bank USA
HVT Haverty Furniture Companies Inc. Home Furnishing Stores USA
IBKC IberiaBank Corp. Bank USA
IBN ICICI Bank Ltd. Bank India
IDA IdaCorp, Inc. Electric Utilities USA
IFSIA Interface Inc. Textile Industrial USA
IGT International Game Technology Diversified Computer Systems USA
IIG Imergent Inc. Internet Software & Services USA
IMKTA Ingles Markets Inc. Grocery Stores USA
INDB Independent Bank Corp. Bank USA
IR Ingersoll-Rand Plc Diversified Machinery Ireland
IRET Investors Real Estate Trust REIT USA
IRETP Investors Real Estate Trust REIT USA
JCI Johnson Controls Inc. Auto Parts USA
JFBC Jeffersonville Bancorp Bank USA
JLL Jones Lang Lasalle Inc. Property Management USA
JNY The Jones Group Inc. Apparel Stores USA
JOYG Joy Global, Inc. Farm & Construction Machinery USA
JPM JPMorgan Chase & Co. Bank USA
JWN Nordstrom Inc. Apparel Stores USA
KBALB Kimball International, Inc. Business Equipment USA
KCAP Kohlberg Capital Corporation Diversified Investments USA
KEY KeyCorp Bank USA
KFFG Kaiser Federal Financial Group, Inc. Bank USA
KFS Kingsway Financial Services Inc. Property & Casualty Insurance Canada
KFT Kraft Foods Inc. Food - Major Diversified USA
KIM Kimco Realty Corporation REIT USA
KOF Coca-Cola FEMSA S.A.B de C.V. Beverages - Soft Drinks Mexico
KRC Kilroy Realty Corp. REIT USA
LAD Lithia Motors Inc. Auto Dealerships USA
LARK Landmark Bancorp Inc. Bank USA
LCUT Lifetime Brands, Inc. Housewares & Accessories USA
LHO LaSalle Hotel Properties REIT USA
LKFN Lakeland Financial Corp. Bank USA
LLY Eli Lilly & Co. Drug Manufacturers - Major USA
LM Legg Mason Inc. Asset Management USA
LNC Lincoln National Corp. Life Insurance USA
LNCE Snyder's-Lance, Inc. Processed & Packaged Goods USA
LOW Lowe's Companies Inc. Home Improvement Stores USA
LPHI Life Partners Holdings, Inc. Insurance USA
LRY Liberty Property Trust REIT USA
LSBI LSB Financial Corp. Bank USA
LSE CapLease, Inc. REIT USA
LTC LTC Properties Inc. REIT USA
LUX Luxottica Group SpA Specialty Retail, Other Italy
LXP Lexington Realty Trust REIT USA
LYTS LSI Industries Inc. Business Equipment USA
LZB La-Z-Boy Inc. Home Furnishings & Fixtures USA
MAA Mid-America Apartment Communities Inc. REIT USA
MAC Macerich Co. REIT USA
MAS Masco Corporation Lumber, Wood Production USA
MBFI MB Financial Inc. Bank USA
MBVT Merchants Bancshares Inc. Bank USA
MCBF Monarch Community Bancorp Inc. Bank USA
MCY Mercury General Corporation Insurance USA
MET MetLife, Inc. Insurance USA
MFC Manulife Financial Corporation Insurance Canada
MFSF Mutualfirst Financial Inc. Bank USA
MI Marshall & Ilsley Corporation Bank USA
MIG Meadowbrook Insurance Group Inc. Property & Casualty Insurance USA
MLM Martin Marietta Materials Inc. General Building Materials USA
MMC Marsh & McLennan Companies, Inc. Insurance USA
MMLP Martin Midstream Partners LP Independent Oil & Gas USA
MNR Monmouth Real Estate Investment Corp. REIT USA
MOLX Molex Inc. Diversified Electronics USA
MPB Mid Penn Bancorp Inc. Bank USA
MPW Medical Properties Trust Inc. REIT USA
MTB M&T Bank Corp. Bank USA
MWE MarkWest Energy Partners LP Oil & Gas Drilling & Exploration USA
MYE Myers Industries Inc. Rubber & Plastics USA
NBL Noble Energy, Inc. Independent Oil & Gas USA
NBTB NBT Bancorp, Inc. Bank USA
NBTF NB&T Financial Group Inc. Bank USA
NGPC NGP Capital Resources Company Diversified Investments USA
NHI National Health Investors Inc. REIT USA
NHP Nationwide Health Properties Inc. REIT USA
NHTB New Hampshire Thrift Bancshares Inc. Bank USA
NKSH National Bankshares Inc. Bank USA
NLY Annaly Capital Management, Inc. REIT USA
NNN National Retail Properties, Inc. REIT USA
NPBC National Penn Bancshares Inc. Bank USA
NRF NorthStar Realty Finance Corp. REIT USA
NRGY Inergy, L.P. Specialty Retail, Other USA
NRIM Northrim Bancorp Inc. Bank USA
NSEC National Security Group Inc. Property & Casualty Insurance USA
NTRS Northern Trust Corporation Bank USA
NVSL Naugatuck Valley Financial Corp. Bank USA
NWBI Northwest Bancshares, Inc. Bank USA
NWFL Norwood Financial Corp. Bank USA
NWL Newell Rubbermaid Inc. Housewares & Accessories USA
NYB New York Community Bancorp Inc. Bank USA
O Realty Income Corp. REIT USA
OFC Corporate Office Properties Trust REIT USA
OFG Oriental Financial Group Inc. Bank USA
OHI Omega Healthcare Investors Inc. REIT USA
OLP One Liberty Properties Inc. REIT USA
ONB Old National Bancorp. Bank USA
ONFC Oneida Financial Corp. Bank USA
ORRF Orrstown Financial Services Inc. Bank USA
OSG Overseas Shipholding Group Inc. Shipping USA
OTTR Otter Tail Corporation Electric Utilities USA
OVBC Ohio Valley Banc Corp. Bank USA
OZRK Bank of the Ozarks, Inc. Bank USA
PAYX Paychex Inc. Staffing & Outsourcing Services USA
PBCT People's United Financial Inc. Bank USA
PBIB Porter Bancorp Inc. Bank USA
PBNY Provident New York Bancorp Bank USA
PBY Pep Boys - Manny, Moe & Jack Auto Parts Stores USA
PCH Potlatch Corporation REIT USA
PCL Plum Creek Timber Co. Inc. REIT USA
PEBO Peoples Bancorp Inc. Bank USA
PETM PetSmart, Inc. Specialty Retail, Other USA
PFE Pfizer Inc. Drug Manufacturers - Major USA
PFS Provident Financial Services, Inc. Bank USA
PGN Progress Energy Inc. Electric Utilities USA
PGR Progressive Corp. Property & Casualty Insurance USA
PKY Parkway Properties Inc. REIT USA
PL Protective Life Corp. Insurance USA
PNC PNC Financial Services Group Inc. Bank USA
POOL Pool Corp Sporting Goods USA
POPE Pope Resources LP Lumber, Wood Production USA
PPL PPL Corporation Electric Utilities USA
PPS Post Properties Inc. REIT USA
PRE PartnerRe Ltd. Insurance Bermuda
PRK Park National Corp. Bank USA
PROV Provident Financial Holdings Inc. Bank USA
PRSP Prosperity Bancshares Inc. Bank USA
PRU Prudential Financial, Inc. Insurance USA
PSA Public Storage REIT USA
PSB PS Business Parks Inc. REIT USA
PSEC Prospect Capital Corporation Asset Management USA
PULB Pulaski Financial Corporation Bank USA
PULS Pulse Electronics Corporation Diversified Electronics USA
PWOD Penns Woods Bancorp Inc. Bank USA
PXD Pioneer Natural Resources Co. Independent Oil & Gas USA
RBCAA Republic Bancorp Inc. Bank USA
RDK Ruddick Corp. Grocery Stores USA
REG Regency Centers Corporation REIT USA
REXI Resource America Inc. Asset Management USA
RF Regions Financial Corp. Bank USA
RGR Sturm, Ruger & Co. Inc. Sporting Goods USA
RIVR River Valley Bancorp Bank USA
RLI RLI Corp. Insurance USA
RNST Renasant Corp. Bank USA
ROST Ross Stores Inc. Apparel Stores USA
RSH RadioShack Corp. Electronics Stores USA
RSO Resource Capital Corp. REIT USA
RY Royal Bank of Canada Bank Canada
RYN Rayonier Inc. REIT USA
SAFT Safety Insurance Group Inc. Insurance USA
SAH Sonic Automotive Inc. Auto Dealerships USA
SAL Salisbury Bancorp Inc. Bank USA
SAN Banco Santander-Chile Bank Chile
SASR Sandy Spring Bancorp Inc. Bank USA
SB Safe Bulkers, Inc. Shipping Greece
SBGI Sinclair Broadcast Group Inc. Broadcasting - TV USA
SBSI Southside Bancshares Inc. Bank USA
SCBT SCBT Financial Corp. Bank USA
SCI Service Corp. International Personal Services USA
SCX LS Starrett Co. Small Tools & Accessories USA
SFG StanCorp Financial Group Inc. Insurance USA
SFNC Simmons First National Corporation Bank USA
SGU Star Gas Partners LP Specialty Retail, Other USA
SHW Sherwin-Williams Co. Specialty Retail, Other USA
SIGI Selective Insurance Group Inc. Insurance USA
SKT Tanger Factory Outlet Centers Inc. REIT USA
SLF Sun Life Financial Inc. Insurance Canada
SLG SL Green Realty Corp. REIT USA
SMBC Southern Missouri Bancorp, Inc. Bank USA
SNH Senior Housing Properties Trust REIT USA
SNV Synovus Financial Corp. Bank USA
SOMH Somerset Hills Bancorp Bank USA
SPG Simon Property Group Inc. REIT USA
SPLS Staples, Inc. Specialty Retail, Other USA
SR The Standard Register Company Office Supplies USA
SRCE 1st Source Corporation Bank USA
SSFN Stewardship Financial Corp. Bank USA
SSI Stage Stores Inc. Apparel Stores USA
SSS Sovran Self Storage Inc. REIT USA
SSW Seaspan Corp. Shipping Marshall Islands
STBA S&T Bancorp Inc. Bank USA
STBC State Bancorp Inc. Bank USA
STD Banco Santander, S.A. Bank Spain
STFC State Auto Financial Corp. Insurance USA
STI SunTrust Banks, Inc. Bank USA
STL Sterling Bancorp Bank USA
STT State Street Corp. Bank USA
SUBK Suffolk Bancorp Bank USA
SUI Sun Communities Inc. REIT USA
SUN Sunoco, Inc. Oil & Gas Refining & Marketing USA
SUSQ Susquehanna Bancshares, Inc. Bank USA
SVU SUPERVALU Inc. Grocery Stores USA
SWS SWS Group Inc. Investment Brokerage - Regional USA
SYBT SY Bancorp Inc. Bank USA
TAL TAL International Group, Inc. Rental & Leasing Services USA
TCB TCF Financial Corporation Bank USA
TCBK TriCo Bancshares Bank USA
TCHC 21st Century Holding Co. Property & Casualty Insurance USA
TCO Taubman Centers Inc. REIT USA
TD The Toronto-Dominion Bank Bank Canada
TEG Integrys Energy Group, Inc. Gas Utilities USA
TFX Teleflex Incorporated Medical Instruments & Supplies USA
TGT Target Corp. Discount, Variety Stores USA
THFF First Financial Corp. Bank USA
THRD TF Financial Corporation Bank USA
TJX The TJX Companies, Inc. Department Stores USA
TK Teekay Corporation Shipping Canada
TKR Timken Co. Machine Tools & Accessories USA
TMK Torchmark Corp. Insurance USA
TMP Tompkins Financial Corporation. Bank USA
TNP Tsakos Energy Navigation Ltd. Shipping Greece
TRH Transatlantic Holdings Inc. Insurance USA
TRMK Trustmark Corporation Bank USA
TRN Trinity Industries Inc. Railroads USA
TRST TrustCo Bank Corp. NY Bank USA
TRV The Travelers Companies, Inc. Insurance USA
TSBK Timberland Bancorp Inc. Bank USA
TSH Teche Holding Company Bank USA
TSTY Tasty Baking Co. Processed & Packaged Goods USA
TWGP Tower Group Inc. Insurance USA
UBA Urstadt Biddle Properties Inc. REIT USA
UBCP United Bancorp Inc. Bank USA
UBOH United Bancshares Inc. Bank USA
UBSI United Bankshares Inc. Bank USA
UFCS United Fire & Casualty Company Insurance USA
UFPI Universal Forest Products Inc. Lumber, Wood Production USA
UHT Universal Health Realty Income Trust REIT USA
UMBF UMB Financial Corporation Bank USA
UMH UMH Properties Inc. REIT USA
UMPQ Umpqua Holdings Corporation Bank USA
UNB Union Bankshares Inc. Bank USA
UNTD United Online, Inc. Specialty Retail, Other USA
USB U.S. Bancorp Bank USA
USBI United Security Bancshares Inc. Bank USA
USPH US Physical Therapy Inc. Specialized Health Services USA
UTR Unitrin Inc. Insurance USA
UVSP Univest Corp. of Pennsylvania Bank USA
VIVO Meridian Bioscience Inc. Diagnostic Substances USA
VLGEA Village Super Market Inc. Grocery Stores USA
VLO Valero Energy Corp. Oil & Gas Refining & Marketing USA
VLY Valley National Bancorp Bank USA
VMC Vulcan Materials Company General Building Materials USA
VRX Valeant Pharmaceuticals International, Inc. Drug Delivery Canada
VTR Ventas Inc. REIT USA
WABC Westamerica Bancorp. Bank USA
WAG Walgreen Co. Drug Stores USA
WASH Washington Trust Bancorp Inc. Bank USA
WFC Wells Fargo & Company Bank USA
WFSL Washington Federal Inc. Bank USA
WL Wilmington Trust Corporation Bank USA
WMK Weis Markets, Inc. Grocery Stores USA
WMT Wal-Mart Stores Inc. Discount, Variety Stores USA
WRE Washington Real Estate Investment Trust REIT USA
WRI Weingarten Realty Investors REIT USA
WSBC WesBanco Inc. Bank USA
WSFS WSFS Financial Corp. Bank USA
WSH Willis Group Holdings Public Limited Company Bank United Kingdom
WSM Williams-Sonoma Inc. Home Furnishing Stores USA
WTBA West Bancorp., Inc. Bank USA
WWW Wolverine World Wide Inc. Textile - Apparel Footwear & Accessories USA
WY Weyerhaeuser Co. REIT USA
XL XL Group plc Property & Casualty Insurance Ireland
XRAY DENTSPLY International Inc. Medical Instruments & Supplies USA
XRX Xerox Corp. Business Equipment USA
YPF YPF S.A. Oil & Gas Refining & Marketing Argentina
ZEUS Olympic Steel Inc. Basic Materials Wholesale USA

As you see I combined different banks and various REITs into 2 categories and did the same with different retailers and insurances (doesn't show here). I think there are not enough examples of dividends drops for "small" industries presented only by dozen or so companies. What can be combined also?

  Once again - I'd appreciate your suggestions about companies which did reduce their dividends during last 20 years and do issue periodical financial reports.