5 Big Companies that Stopped Paying Dividends

3. Aptiv PLC (NYSE:APTV)

Market Cap as of August 14: $26.7 billion 

Aptiv PLC (NYSE:APTV) is a global tech company that specializes in providing advanced solutions for the automotive industry. The company’s earnings took a hit during the pandemic in 2020 and it announced to stop its dividends altogether. This was not the first time the company has ceased its payouts. Its dividends were cut back in 2012 and 2013 as well.

The number of hedge funds tracked by Insider Monkey owning stakes in Aptiv PLC (NYSE:APTV) stood at 46 in Q1 2023, growing from 41 in the previous quarter. These stakes are worth over $1.65 billion in total.

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