S&P 500 actively slashing dividends to another record quarter
February 20, 2009 at 11:41 AM EST
The stock marketâs fall Friday puts the S&P 500 Index near its bear-market low as data show companies listed on the broad-market benchmark engaged in another record-breaking quarter of slashed dividends. Consensus profit estimates suggest the potential for limited downside for U.S. stocks from current levels.