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PTMN - Pace Of Dividend Cuts Decelerating During 2019-Q3
Portman Ridge Finance Corporation
Compared to the first two quarters of 2019, Political Calculations' near real-time sampling of dividend declarations from data published by Seeking Alpha and the Wall Street Journal is showing considerably fewer dividend cut announcements.
The following chart shows where things stand nearly two-thirds of the way through the quarter to date:
Through Monday, 26 August 2019, we've counted a cumulative total of 27 dividend cut announcements during 2019-Q3, which compares with 40 and 41 having been announced at a similar point of time during the earlier quarters of 2019-Q1 and 2019-Q2.