A Big, Once-Reliable Source of Investor Cash Is Drying Up
“The swings of the stock market have been painful enough lately. But on top of the price declines that have kept many investors awake at night, another insult is on the way: Stocks will be providing much less income,” writes Jeff Sommer of The New York Times.
Cordell Eminent Scholar Chair Jay Ritter is just one scholar Sommer reached out to as part of this story on the cutting of dividends.