BCE IncBCE cut dividend by >50% over two years, guides for 5-11% decline in 2026 adjusted EPS, and funds $1.7B data center build with debt, indicating financial strain.
Several once-reliable dividend payers are showing signs that their payouts remain unsustainable even after recent cuts. Huntsman slashed its quarterly dividend by roughly 65% in late 2025, yet continues to post negative earnings and burned $53 million in operating cash flow in the first quarter of 2026. Nordic American Tankers' dividend swung 450% in eighteen months, but trailing earnings of $0.27 per share fall far short of the $0.62 per share payout, and capital expenditures dwarfed operating cash flow in 2025. Newell Brands cut its dividend by about 70% in early 2023, but has since reported three straight years of net losses and saw operating cash flow drop from $930 million in 2023 to negative $233 million in the first quarter of 2026. BCE Inc. has reduced its quarterly payout by more than 50% over two years, yet management guides for a 5% to 11% decline in 2026 adjusted earnings per share while funding a $1.7 billion data center build with debt. Dow Inc. halved its dividend in mid-2025, but full-year 2025 free cash flow was negative $1.447 billion against $1.49 billion in dividend payments, and reported earnings per share remained negative in four of the last five quarters.
BCE IncBCE cut dividend by >50% over two years, guides for 5-11% decline in 2026 adjusted EPS, and funds $1.7B data center build with debt, indicating financial strain.
Dow IncDow halved dividend in mid-2025, but 2025 FCF was -$1.447B vs $1.49B in dividends, and EPS negative in 4 of last 5 quarters, showing payout unsustainability.
Huntsman CorporationHuntsman cut dividend ~65% in late 2025, yet continues negative earnings and burned $53M operating cash flow in Q1 2026, indicating ongoing financial weakness.
Nordic American Tankers LimitedNordic American Tankers' dividend swung 450% in 18 months, but trailing EPS of $0.27 falls short of $0.62 payout, and capex dwarfed operating cash flow in 2025.
Newell Brands IncNewell Brands cut dividend ~70% in early 2023, but has three straight years of net losses and operating cash flow dropped from $930M to -$233M in Q1 2026.