April 7 (Reuters) – U.S. private prison company GEO Group said on Wednesday it would suspend quarterly dividend payment to repay debt and fund growth…
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UPDATE 1-Adidas to resume dividend payments to shareholders
* Adidas says to pay dividend of 3 euros/shr for 2020 * Adidas had suspended dividend last year * Shares narrow losses (Adds further detail,…
UPDATE 2-Sweden's Kinnevik to distribute $6.6 billion Zalando stake to shareholders
(Adds detail, background) STOCKHOLM, Feb 17 (Reuters) – Kinnevik plans to distribute its stake worth 55 billion crowns ($6.63 billion) in German online fashion group…
U.S. shale ponders the unexpected: what to do with coming cash windfall?
HOUSTON (Reuters) – A sustained rise in global oil prices has U.S. shale producers pondering something few expected to be considering after last year’s tumble:…
Low rates and lending slump threaten HSBC's long-term dividend ambitions
LONDON (Reuters) – HSBC HSBA.L shareholders face a future of paltry payouts when regulators restore its powers to pay dividends as the bank’s bosses press…
Shell cuts dividend for first time since WW2
Royal Dutch Shell has cut its dividend for the first time since World War Two following the collapse in global oil demand due to the…
BP cuts dividend for first time in a decade after record loss
BP has cut its dividend on for the first time in a decade after reporting a record$6.7bn (£5.1bn) loss as the coronavirus pandemic hammered energy…