Dividende (@GoDividend) on getquin

2Yr·

Opinion for $N/A

🐻 Bearish

BBQ manufacturer Weber is in free fall in pre-market trading and is currently down 17.7 percent after the company suspended its dividend and withdrew its outlook as part of preliminary figures. The company cites slow customer demand in all key markets and weak foreign currencies as reasons.

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What do you guys think? Which companies will also take this step?

7 Comments

tim1@tim1

2Yr

Napoleon > Weber. Would be a company I would never invest in. It simply lacks a unique selling proposition 😅

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TheUnderdog@TheUnderdog1

2Yr

Global companies based in the USA are suffering from the strong dollar. And it is primarily these companies that will also take these steps. Hirings are already declining, budgets are being cut, sales are shrinking and profit expectations are falling accordingly.

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MarsEquities@CircusClown

2Yr

Weber is still a short (if the short fee were not at 50%). Could imagine a dividend cut coming for Intel

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