With the Easy Money Gone, Executives Tighten Belts by Slashing Dividends

Cutting or pausing dividends is a step that corporate executives usually do everything possible to avoid as it can scare off investors and prompt them to move their capital elsewhere.

But with their companies being squeezed by higher interest rates, tighter profit margins and an uncertain economic outlook that can put their credit ratings at risk, executives are being pushed to tighten their belts at the expense of their shareholders.