Ways Financial Turmoil Will Reshape ETFs, Indexes
Posted on December 03, 2008 at 07:46 AM EST
The government bailout of Citigroup (C) has lead the company to be booted from some exchange traded funds (ETFs) and indexes that track dividend stocks, such as the Dow Jones and STOXX dividend indexes. One stipulation that came with accepting the bailout money was that Citigroup had to cut its dividend to one penny per share per quarter. This resulted in Citigroup ...
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