BASF shares down after dividend cut proposal for next four years – Investing.com

BASF’s shares took a hit after the company proposed a cut in dividends for the next four years. This news has caused concern among investors, leading to a decrease in the stock value. The decision to reduce dividends is a strategic move by BASF to navigate through challenging times and ensure the company’s stability in the long term. Despite the initial reaction from shareholders, it is important to note that this decision is aimed at strengthening the company’s financial position and driving future growth. Investors will be closely monitoring BASF’s performance in the coming years to see how this decision plays out in the company’s overall strategy.