Banks warned: Axe bonuses and dividends

Axe bonuses and dividends, banks warned amid claims they are ripping off desperate borrowers By Lucy White For The Daily Mail Published: 21:50 GMT, 27 March 2020 | Updated: 21:50 GMT, 27 March 2020 Banks are coming under pressure to cut their bosses’ multimillion-pound pay packages and dividends amid claims they are ripping off desperate … Read more

Persimmon starts ‘orderly shutdown’ of its construction sites and axes one of its dividends

Persimmon starts ‘orderly shutdown’ of its construction sites, bans most face-to-face meetings with homeowners and axes a dividend Housebuilder warns it faces a ‘material slowdown’ in new sales Interim dividend for shareholders in axed, but final dividend is postponed Sales sites shut from Thursday and face-to-face contact with customers cut  By Jane Denton For Thisismoney … Read more

Investment trusts set to prove resilient as dividends come under pressure 

Investment trusts set to prove resilient as dividends come under pressure  20 British companies have said they are cutting dividends or suspending them But some investment trusts with an income bent should prove more dividend-resilient because of the income reserves they have squirreled away  By Jeff Prestridge for The Mail on Sunday Published: 23:04 GMT, … Read more

MARKET REPORT: £1bn of payouts lost as dividends are cancelled

More than £1bn of shareholder payouts have been cancelled due to coronavirus after Marks & Spencer and Wetherspoons joined other firms calling off dividends.  Intercontinental Hotels became the first FTSE 100 firm to hold back its final dividend yesterday, meaning its investors will miss out on a payout of around £140million. The group, which has … Read more

Drop bonuses, bosses urged, as companies axe dividends 

Drop bonuses, bosses urged as a dozen London-listed companies suspend or axe dividend By Lucy White For The Daily Mail Published: 21:50 GMT, 19 March 2020 | Updated: 22:12 GMT, 19 March 2020 Bosses were last night urged to ditch their bonuses as a dozen London-listed companies suspended or axed their dividends.  In another blow … Read more

Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends

Aramco to cut spending by 25% as oil prices plummet – but it will still fork out £3.2bn in dividends Saudi Aramco racked up costs of almost £27bn last year, but could cut to £20bn  The state-backed energy giant went public in December in the biggest ever float It will pay £3.2bn in dividends for … Read more

Housebuilder dividends to soar by £1billion

Britain’s biggest housebuilders are set to boost payouts to shareholders by £1billion a year – even after the lucrative Help to Buy scheme ends. In a startling analysis, builders are forecast to increase dividends by a huge 40 per cent over the next five years. That would take annual payouts to investors to £3.6 billion, … Read more

Builder and his wife set to rake in millions in oil dividends

Builder and his wife set to rake in millions after oil firm they invested in said it is to start handing out dividends By Daily Mail City & Finance Reporter Published: 22:34 GMT, 14 January 2020 | Updated: 22:34 GMT, 14 January 2020 A builder and his wife could rake in millions from dividends after … Read more