Boeing Co. said it would suspend its dividend for shareholders, joining a growing number of U.S. companies trying to save cash amid the coronavirus crisis. The Chicago plane maker, which spent $4.6 billion on dividend payouts last year, is seeking at least $60 billion in financial help from private sources, as well as taxpayer support, for itself, suppliers and the broader aerospace sector.

Source: Wall Street Journal March 20, 2020 23:28 UTC