Dividend Cut: First of Many?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 10 March 2020
⏱️ 15 minutes
🧾️ Download transcript
Summary
Stitch Fix shares fall 35% on disappointing 2nd-quarter results. Occidental Petroleum cuts its dividend 86%. Will other dividend payers follow suit? Bill Mann analyzes those stories, and weighs in on the latest announcements from the airline industry.
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Transcript
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| 0:00.0 | Thanks to LinkedIn for supporting today's market foolery, LinkedIn Jobs, screens candidates with the |
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| 0:17.2 | It's Tuesday, March 10th. |
| 0:19.0 | Welcome to Market Foolery. |
| 0:20.0 | I'm Chris Hill with me in studio, |
| 0:21.8 | the one and only Bill Mann. |
| 0:23.0 | Thanks for being here. |
| 0:24.0 | How are you? |
| 0:25.0 | Well, there's green when I look at the market. |
| 0:29.0 | For a moment. |
| 0:30.0 | For a moment there's |
| 0:34.0 | it was it was looking great at the open and and we'll get to some of the different industries and individual |
| 0:36.9 | too bad there's nothing to talk about today yeah exactly this is this is the |
| 0:41.1 | opposite of what we see normally this time of year. |
| 0:43.6 | What do you want to talk about? |
| 0:45.2 | Yeah, because it's not really earning season and that's usually when we're looking for things |
| 0:49.7 | to talk about. |
| 0:51.3 | And there are a bunch of things I want to get to, but I want to start with the airlines because |
| 0:56.6 | we've seen a bunch of news announcements out of the airlines today, whether it's Delta cutting capacity, Delta's not the only one, the CEO of Southwest Airlines |
| 1:09.2 | coming out and taking a pay cut? |
| 1:12.5 | United also. |
... |
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