March 21 (Reuters) - Black Diamond Group Ltd BDI.TO :
* Announces dividend reduction to preserve financial
flexibility
* Says declared a 50 percent reduction in its dividend to
$0.025 per share from $0.05 per share
* This change is effective immediately for the March
dividend
* Reduction in monthly dividend from $0.05 to $0.025 will
result in an annualized reduction of cash paid dividends of
$12.3 million
Source text for Eikon: ID:nMKWlTz7la
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