Don't Fret Over Hudson City's Impending Dividend Cut
In my previous look at the bank, I had discussed the probability that recent restructuring charges might end its 11 straight years of profitability. But I would like to reiterate that a charge due to a balance sheet overhaul is a one-time expense, unlikely to affect long-term operations. For investors sitting in the stock today, I think it's important to dig deeper when judging its capacity to pay dividends.
A holistic viewIf you are bothered about Hudson's capacity for paying dividends, a glance at its payout history below may put things into perspective:... Read more