Burberry becomes latest blue-chip company to cancel dividend in attempt to absorb £241m hit from pandemic By Tom Witherow For The Daily Mail Published: 22:05 BST, 22 May 2020 | Updated: 22:05 BST, 22 May 2020 Tough times: The luxury retailer ditched a payout worth £120m Burberry became the latest blue-chip company to cancel its … Read more
Investors hit by £30bn in dividend cuts as companies fight to survive the coronavirus crisis By Francesca Washtell For The Daily Mail Published: 22:59 BST, 19 May 2020 | Updated: 22:59 BST, 19 May 2020 Investors are facing a £30billion dividend black hole as companies scramble to cut costs to survive the coronavirus crisis. Imperial … Read more
Bailed-out businesses face dividend ban and limits on executive pay as the Government QUADRUPLES the size of coronavirus loans to £200m Maximum loans available to large companies to increase from £50m to £200m But firms taking them up will have to stop paying dividends They will also face limitations on executive pay, bonuses and share … Read more
Legal & General under pressure to suspend dividend amid estimates it is sitting on £10bn of bond market losses By Daily Mail City & Finance Reporter Published: 22:10 BST, 18 May 2020 | Updated: 22:10 BST, 18 May 2020 Legal & General has come under renewed pressure to suspend its dividend amid estimates it is … Read more
Government considering banning dividends at companies which take out taxpayer-backed loans in coronavirus crisis By Lucy White For The Daily Mail Published: 21:54 BST, 17 May 2020 | Updated: 21:54 BST, 17 May 2020 The Government is considering banning dividends at companies which take out taxpayer-backed loans in the coronavirus crisis. Firms which borrow up … Read more
REVEALED: Coronavirus cuts leave just five FTSE 100 firms that have delivered on a decade of dividend growth Just five companies in the UK’s blue chip index have paid a dividend every year for the past decade and forecast dividend growth of at least 2 per cent this year The same can be said for … Read more
Vodafone will pay £2bn dividend despite covid crisis: Telecoms giant swings back into profit By Matt Oliver For The Daily Mail Published: 23:35 BST, 12 May 2020 | Updated: 00:20 BST, 13 May 2020 Vodafone has swung back into profit and stuck by its £2.1billion dividend, despite pressures from the coronavirus crisis. In a boost … Read more
BT scraps its dividend for at least 2 YEARS as Covid-hit boss Philip Jansen focuses on getting full fibre broadband rolled out across the nation Philip Jansen set a new target of full fibre to 20 million homes by late 2020 To hit the new target, BT will spend £1.3 billion over five years BT … Read more
‘Anglo Pacific is in a very strong position currently,’ according to Julian Treger, the company’s chief executive. London’s only mining royalty company of any scale put out full-year results on April 7, and they were good, showing new records hit in terms of revenues and earnings, and highlighting that for a company of its size, … Read more
Shell in first dividend cut since WW2: Blow to pensions as vital source of income is slashed by two-thirds after slump in oil prices By Francesca Washtell For The Daily Mail Published: 21:50 BST, 30 April 2020 | Updated: 22:02 BST, 30 April 2020 Shell has cut its dividend for the first time since the … Read more