Canadian Dividend Cuts And Suspensions List - What To Do

Several companies cut or suspended their dividend in early 2020 amid the Covid-19 impact on the economy.
Should you keep your shares or not?
This is the answer we will give you according to our dividend growth investing model.
Several companies cut or suspended their dividend in early 2020 amid the Covid-19 impact on the economy. Should you keep your shares or not? This is the answer we will give you according to our dividend growth investing model. Some deserve to be kept even after a cut, but be prepared to be ruthless against most dividend cutters.
Dividend Cut & Suspension List In this new section, we will track to the best of our knowledge all the dividend cuts and suspensions announced by companies we follow during the Covid-19 crisis. This is not a complete list as we wanted to provide additional comments on most companies listed below. We will also tell you if we consider the company a "hold" or a "sell" depending on the reason why it cut/suspended its dividend.
Company Name
Ticker
Cut/Suspension
Hold / Sell
Vermilion Energy
VET [VET.TO]
83% cut
SELL
Crescent Point Energy
CPG [CPG.TO]
75% cut
SELL
Boston Pizza
(OTC:BPZZF) [BPF.UN.TO]
Suspension
SELL
Inter Pipeline
OTCPK: IPPLF [IPL.TO]
72% cut
SELL
NFI Group
OTCPK: NFYEF [NFI.TO]
50% cut
HOLD
Whitecap Resources
OTCPK: SPGYF [WCP.TO]
50% cut
SELL
Chemtrade Logistics
OTC:CGIFF [CHE.UN.TO]
50% cut
SELL
CAE
CAE [CAE.TO]
Suspension
HOLD
MTY Group
OTC:MTYFF [MTY.TO]
Suspension
HOLD
Chorus Aviation
OTC:CHRRF [CHR.TO]
Suspension
SELL
A&W Royalties
OTC:AWRRF [AW.UN.TO]
Suspension
HOLD
Diversified Royalty
OTC:BEVFF [DIV.TO]
15% cut
SELL
Richelieu Hardware
OTC:RHUHF [RCH.TO]
Suspension
HOLD
Peyto Exploration
OTCPK: PEYUF [PEY.TO]
83% cut
SELL
Pizza Pizza
OTC:PZRIF... Read more