Surprising dividend suspension by Hurco

No dividend after 10 straight years of increases

In a rather surprising move Industrial technology company Hurco (HURC) has announced that it will stop its dividend payments. In a press release dated June 14, 2024 Hurco explains the dividend supension.

Hurco Companies, Inc. has announced the temporary suspension of its regular quarterly cash dividend on common stock. This strategic move aims to bolster…