DIVIDEND DOLDRUMS
A number of the nation's largest banks reduced their quarterly dividend payments to shareholders this past year in an attempt to retain cash amid soaring loan losses. Among them:
Bank of America
Current dividend 32 cents
Previous dividend 64 cents
Change -50 percent
Citigroup
Current dividend 16 cents
Previous dividend 32 cents
Change -50 percent
KeyCorp
Current dividend 6.25 cents
Previous dividend 18.75 cents
Change -67 percent
Zions BanCorp
Current dividend 32 cents
Previous dividend 43 cents
Change -26 percent
SunTrust Banks
Current dividend 54 cents
Previous dividend 77 cents
Change -30 percent
Source: SNL Financial
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