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Tag archive for ‘Dividend cut’

Seagate Technology discontinues dividend to ‘enhance liquidity’(0)

seagate-logo1Seagate Technology, which cut its most recent quarterly dividend 75 percent, said today it is discontinuing it altogether as a move to “further enhance liquidity” and reduce cash “outflows” by an estimated $60 million annually.

Last week, Seagate renegotiated some of the terms of its Read the rest of this entry »

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