SunEdison suspends payment of quarterly dividends on preferred stock series
Written By: Stratton Report
March 2, 2016
On March 2, SunEdison, Inc. announced that it has suspended payment of quarterly dividends on the Company’s 6.75% Series A Perpetual Convertible Preferred Stock.
The suspended dividends will accumulate. According to SunEdison, its board of directors intends to reassess its dividend policy on an ongoing basis.