Morgan Keegan Investment Fraud » home loans http://www.morgankeegan-lawsuit.com Tue, 06 Jul 2010 16:03:08 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Predicted Regions dividend drop http://www.morgankeegan-lawsuit.com/news/2008/06/18/predicted-regions-dividend-drop/ http://www.morgankeegan-lawsuit.com/news/2008/06/18/predicted-regions-dividend-drop/#comments Wed, 18 Jun 2008 15:58:09 +0000 Wendi Lewis http://www.morgankeegan-lawsuit.com/?p=31 SOURCE: Morgan Keegan Investment Fraud › Predicted Regions dividend drop

]]> The Birmingham News reported this week that Regions Financial Corp. may cut its dividend to shareholders as a result of defaulting real estate loans and a series of in relation to Morgan Keegan investment fraud. Morgan Keegan is a subsidiary of , as a brokerage unit. The dividend reduction was predicted by Standard & Poor’s Corp.

Currently, the News reports, ’ 38-cent quarterly dividend yields around 11 percent. The paper said banks are reducing dividends across the industry, largely due to the crisis in the housing market, as losses from home loans continue to climb.

SOURCE: Morgan Keegan Investment Fraud › Predicted Regions dividend drop

]]> http://www.morgankeegan-lawsuit.com/news/2008/06/18/predicted-regions-dividend-drop/feed/ 0