Southerns stock price dropped from 35.25 to 31.75 when, Ask an Expert

Management Studies

Southern Established Inc. has been paying out regular quarterly dividends ever since 1983. It just slashed dividend by half in present fiscal quarter and more severe cut is to be underway. Southern's stock price dropped from $35.25 to $31.75 when dividend cut was announced. Describe the possible reasons for this price drop.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M935077

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