The following companies have cut, or plan to cut, their dividend payout in 2008. This is only a partial list, but features some of the more prominent "dividend slashers:"
C, Citigroup, cut from $0.54 to $0.32
CC, Circuit City, from $0.04 to suspended
FITB, Fifth Third Bancorp, cut from $0.44 to $0.15
vFMD, First Marblehead, from $0.28 to $0.12 to suspended
FNM, Fannie Mae, from $0.50 to $0.35
IMH, Impac Mortgage, from $0.25 to $0.10 to suspended
KEY, KeyCorp, cut from $0.375 to $0.1875
MBI, MBIA, cut from $0.34 to $0.13
NCC, National City Corp., from $0.41 to $0.21 to $0.01
S, Sprint Nextel Corp., from $0.03 to suspended
SOV, Sovereign Bancorp, from $0.08 to suspended
WB, Wachovia Corporation, cut from $0.64 to $0.375
WM, Washington Mutual, cut from $0.56 to $0.15 to $0.01
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