5 Biggest Dividend Cuts and Suspensions of 2022

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1. National CineMedia, Inc. (NASDAQ:NCMI)

National CineMedia, Inc. (NASDAQ:NCMI) is an American cinema advertising company that plays ads to US consumers in theatres, online, and through mobile technology. In October, B. Riley maintained a Neutral rating on the stock, highlighting uncertainties regarding production delays.

On May 19, National CineMedia, Inc. (NASDAQ:NCMI) trimmed its quarterly dividend by 40% to $0.03 per share. As of December 14, the stock has a dividend yield of 29.71%.

At the end of Q3 2022, 9 hedge funds tracked by Insider Monkey owned stakes in National CineMedia, Inc. (NASDAQ:NCMI), worth $781,000 collectively.

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