CEO Steve Smith in Milwaukee says it’s more important to pay down its debt – “While we regret having to make this difficult decision, we believe this is the prudent choice in order to maintain financial flexibility.” The suspension affects Class A and Class B shares of the publicly-traded “JRN” – and it even temporarily affects the holders of Class C shares. Though the Class C owners will have eventually have their accumulated dividend paid, before the company can resume payments to the A and B stockholders. The announcement about the dividend suspension was a drag on the stock today, which lost 23 cents to close at $1.55. Follow “JRN” here.