Thread regarding CVS layoffs

Prediction: dividend is cut April 2nd

Why you ask? February is too soon to cut, and if they do it after the rsu vesting period, fewer shares go out. It's going to pi-s a lot of people off, but I really think this is what happens...not based on anything but a hunch.

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| 1271 views | | 4 replies (last December 27, 2024) | Reply
Post ID: @OP+1wbtLYbR

4 replies (most recent on top)

I wouldn't be extremely surprised at a dividend cut, but I think a freeze is more likely.... similar to the end of 2017 when it was frozen at $0.50 for a few years to pay down the debt after acquiring Aetna.

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Post ID: @tjv+1wbtLYbR

Boomers will sell their shares.

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Post ID: @ktf+1wbtLYbR

They need a plan to stabilize, but leadership is too d-mb and has one foot out the door. Sticks easily drops 10% on first cut IMHO

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Post ID: @bpe+1wbtLYbR

What will the fallout be if that happens?

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Post ID: @fhc+1wbtLYbR

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