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 dividend32 cents
Previous dividend64 cents
Change-50 percent
Citigroup
Current dividend16 cents
Previous dividend32 cents
Change-50 percent
KeyCorp
Current dividend6.25 cents
Previous dividend18.75 cents
Change-67 percent
Zions BanCorp
Current dividend32 cents
Previous dividend43 cents
Change-26 percent
SunTrust Banks
Current dividend54 cents
Previous dividend77 cents
Change-30 percent
Source: SNL Financial
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