Citi cuts dividend to a penny per share from 15 cents

That should help shore up the share price.




Not.

 

C will be nationalized. Technical damage to world economy was done yesterday.

 

Why would a company that makes no money pay any dividend at all? Where the hell is a dividend coming from? I really don't get it, not trying to be a wise ass. I seriously don't understand how a company with 0 profits is able to pay a dividend.

 

This was announced in november. It's old news that will not affect the market.

 

The market went down a few percent, what do you mean technical damage? Is it because a few financials got taken to the woodshed?