5 Big Companies that Stopped Paying Dividends

2. The Boeing Company (NYSE:BA)

Market Cap as of August 14: $141.8 billion 

An American multinational aircraft industry company, The Boeing Company (NYSE:BA) is one of the major companies that stopped paying dividends. The company suspended its dividends in 2020 to preserve cash because the travel industry suffered huge losses due to travel restrictions.

As of the close of Q1 2023, 52 hedge funds in Insider Monkey’s database owned investments in The Boeing Company (NYSE:BA), compared with 53 in the previous quarter. The total value of these stakes is roughly $2.2 billion.

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