Gold Resource Corporation (AMEX:GORO) announced a dividend of $0.03 with a Dividend Ex. Date of May 9. That’s a 50-percent decrease versus the previous dividend of $0.06. The new dividend yield is 7.3 percent.
LSI Industries (NASDAQ:LYTS) announced a dividend of $0.06 with a Dividend Ex. Date of May 3. That’s a 50-percent decrease versus the previous dividend of $0.12. The new dividend yield is 6.1 percent.
Dividend changes can help investors discover the financial health of a company. In fact, “A = A-Level Management Runs the Company” is a core component of our CHEAT SHEET investing framework and dividend changes can provide clues whether management is properly stewarding your investment. For more detailed analysis of companies with solid dividend performance, don’t waste another minute — click here and get our CHEAT SHEET stock picks now.