The much-publicised move by the big banks to cancel their dividends has left investors with mixed emotions and many questions. Like the rest of Britain, savers were shocked by their apparent disinclination to act in the interest of the economy until they were strong-armed by the Bank of England.But the loss of this income will … Read more
Logical thinking is one of the first casualties in situations of great stress, which must be the explanation for the way dividends are being demonised in the pandemic. An idea has taken hold that companies must take an axe to executive pay and to dividends as if the two could be bundled together under the … Read more
Logical thinking is one of the first casualties in situations of great stress, which must be the explanation for the way dividends are being demonised in the pandemic. An idea has taken hold that companies must take an axe to executive pay and to dividends as if the two could be bundled together under the … Read more
Guinness owner Diageo has warned that the mass closure of pubs and restaurants around the world is having a ‘significant’ impact on its business. While listing its global woes sparked by the Covid-19 pandemic, the FTSE 100 listed drinks group confirmed it will still pay an interim dividend to its shareholders, but planned share buyback … Read more
Tesco’s annual results may have been overshadowed by the steps it is taking to cope with the coronavirus pandemic, but the nitty-gritty of today’s numbers deserve a closer look. The supermarket’s latest preliminary results cover the year to 29 February and do not cover the spell of mass panic buying in the last few weeks. … Read more
Savers’ lifeline as Tesco mulls £550m payout: 220,000 small investors in line for dividend By Matt Oliver For The Daily Mail Published: 21:55 BST, 5 April 2020 | Updated: 22:15 BST, 5 April 2020 Tesco is expected to press ahead with a £550m dividend for shareholders this week. The supermarket giant is likely to post … Read more
HSBC trashes claims dividend row will see it move its headquarters from London to Hong Kong By Lucy White For The Daily Mail Published: 22:05 BST, 2 April 2020 | Updated: 22:05 BST, 2 April 2020 A boardroom rift has opened up at HSBC after the Bank of England forced it to cancel its dividend. … Read more
Standard Life to press ahead with £300m dividend… while all a host of other firms are cutting their payouts By Ruth Sunderland for the Daily Mail Published: 22:06 BST, 2 April 2020 | Updated: 00:01 BST, 3 April 2020 Standard Life Aberdeen will today bring relief to dividend starved savers by revealing it is to … Read more
High-flying Rightmove dragged down to earth by the property market freeze as it scraps its dividend and forecasts People have been told not to move and agents instructed not to market homes FTSE 100 group has ‘suspended’ all its financial forecasts for the year Online property portal has also axed its 4.4p a share final … Read more
Persimmon and Bellway down tools and halt dividend as row rages about whether construction should continue during lockdown By Matt Oliver For The Daily Mail Published: 21:51 GMT, 25 March 2020 | Updated: 21:54 GMT, 25 March 2020 Persimmon and Bellway have told workers to down tools as a row rages about whether construction should … Read more