GCI ranked worst among ‘dividend aristocrats’

Gannett shares have plunged 68% so far this year, the Seeking Alpha investor site says today, landing it in the basement among high-yield stocks — the so-called “dividend aristocrats.” Author Dobromir Stoyanov says he doesn’t think GCI will cut its dividend soon. But, he says, “that might not stop the company from cutting the payment in future quarters in an effort to conserve cash in this tough economy.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: