Outerwall's (OUTR) Increased Dividend is Credit-Negative Development - Moody's

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S&P Places Ratings of Outerwall (OUTR) on Review for Downgrade

March 16, 2016 2:14 PM EDT

Standard & Poor's Ratings Services placed its ratings on the Outerwall Inc. (Nasdaq: OUTR), including the 'BB-' corporate credit rating, on CreditWatch with negative implications.

The CreditWatch listing follows the announcement that Outerwall's board has approved doubling its dividends and has initiated a process to... More