BP investors brace for another dividend cut as oil price continues to struggle By Harriet Dennys, Financial Mail On Sunday Published: 13:56 GMT, 25 October 2020 | Updated: 13:56 GMT, 25 October 2020 Oil giant BP could have to cut its dividend again, analysts warn. BP halved its dividend in August after a record $6.7 billion … Read more
Housebuilder Bellway restores dividend as the stamp duty holiday lifts summer house sales sharply Bellway’s reservations shot up 30.6% in the first nine weeks from August 1 Chancellor Rishi Sunak suspended stamp duty on home buys under £500,000 The FTSE 250 firm cancelled its dividend after its building sites closed in March By Harry Wise … Read more
MARKET REPORT: ‘Legal loan shark’ Amigo left friendless after watchdog bans it from paying dividends without permission By Francesca Washtell For The Daily Mail Published: 21:51 BST, 19 October 2020 | Updated: 21:51 BST, 19 October 2020 Amigo shares sank after it was told it will not be able to pay any bonuses or dividends … Read more
Standard Chartered bank signals it could restart dividend payments as soon as February By Helen Cahill, Financial Mail On Sunday Published: 21:50 BST, 10 October 2020 | Updated: 21:50 BST, 10 October 2020 Standard Chartered bank has signalled it could restart dividend payments as soon as February. Group treasurer Saleem Razvi told investors the banking … Read more
Tesco chairman John Allan says he will defend ‘to the death’ board’s decision to pay dividend after receiving tax break By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 10 October 2020 | Updated: 21:50 BST, 10 October 2020 Tesco chairman John Allan said he would defend ‘to the death’ the board’s decision to … Read more
Dividends from UK companies may not yet be as rare as hen’s teeth, but the income landscape for most investors has changed beyond recognition since the coronavirus struck. More down than up in terms of trajectory. According to investment experts at AJ Bell, dividend payments from the country’s 100 largest stock market-listed companies are likely … Read more
Tesco has raised its dividend as a pandemic-fuelled surge in online grocery shopping boosted profits. Britain’s biggest supermarket will fork out a £313million interim payout to shareholders, worth 3.2p per share, as new chief executive Ken Murphy hailed last week as the ‘biggest in our history for home delivery’. In his first outing after taking … Read more
These are dispiriting days for those needing a decent income from their investments, and for anyone in that situation, tough decisions now loom. Alarmingly, negative interest rates are on the Bank of England’s agenda, making deposit-based savings even less attractive. At the same time, many companies have cut their dividends either because they have been … Read more
Plumbing giant Ferguson has brought back its dividend after a stronger than expected recovery from the coronavirus crisis. The FTSE 100 firm, formerly known as Wolseley, said a surge in demand for home improvements and cost-cutting measures helped to cushion the pandemic’s blow, giving it confidence to restore its investor payout. Ferguson shelved the divi … Read more
Banks ready to bring back dividends: NatWest and Lloyds give hope to investors as jobs crisis threatens bleak winter for Britain’s economy Bosses at NatWest and Lloyds have heralded their rock-solid balance sheets The prospect of banks resuming dividend payouts comes just as the economy is expected to take a turn for the worse By … Read more