VF Says Nothing Is Off the Table as It Looks to Reduce Leverage. Here's What It Means for Dividend Investors.
The Motley Fool
NOVEMBER 30, 2023
VF's first cut wasn't the last VF had a very long history of increasing its dividend annually -- until it didn't, thanks to a dividend cut at the start of 2023. Companies hate cutting their dividends because investors generally find such a move distasteful. One key factor is leverage, which is higher than management would like.
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