Investors preparing for big dividend cuts
March 24, 2020

A wave of dividend suspensions and share buyback cancellations by a series of UK-listed companies in addition to energy company Shell and high street retailer Marks and Spencer has started.

Commercial tv company ITV says it will save around £300 million by cancelling its dividend. Shared offices provider IWG says it will not pay its final dividend and has suspended a £100 million share buyback.

Home improvement group Kingfisher is delaying its full-year results in accordance with the Financial Conduct Authority's earlier request and says it will pay no final dividend.

Transport group Stagecoach says the payment of further dividends this year is unlikely.





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A wave of dividend suspensions and share buyback cancellations by a series of UK-listed companies in addition to energy company Shell and high street retailer Marks and Spencer has started.

Commercial tv company ITV says it will save around £300 million by cancelling its dividend. Shared offices provider IWG says it will not pay its final dividend and has suspended a £100 million share buyback.

Home improvement group Kingfisher is delaying its full-year results in accordance with the Financial Conduct Authority's earlier request and says it will pay no final dividend.

Transport group Stagecoach says the payment of further dividends this year is unlikely.



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