Standard Life Aberdeen cuts dividend by a third

Standard Life Aberdeen cuts dividend by a third as customers continue to pull money out of its funds By Daily Mail City & Finance Reporter Published: 22:47 GMT, 9 March 2021 | Updated: 22:47 GMT, 9 March 2021 Crisis: Standard Life Aberdeen’s Edinburgh HQ Standard Life Aberdeen has slashed its dividend by a third after … Read more

M&G hikes dividend payouts in first set of results since Pru demerger

M&G raises dividend payout as the fund firm unveils first set of results since demerging from Prudential in 2019 Final dividend increased by 2.6%to 12.23p per share, from 11.92p in 2019  The fund manager had some £367bn of assets under management last year  Balance sheet ‘robust’ as group generated nearly £1bn in 2020 Pre-tax profits … Read more

Serco fights back over Test & Trace: Boss defends plan to pay dividend

Serco fights back over Test & Trace farce: Boss Rupert Soamesdefends plans to pay dividend claiming firm has been ‘demonised’ By Francesca Washtell For The Daily Mail Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Serco’s boss launched a vigorous defence of the NHS Test & Trace system as the … Read more

Coronavirus UK: Serco reinstates dividend after earning £350m from Covid contracts

Controversial NHS Test and Trace contractor Serco has today revealed it was paid £350million for Covid contracts last year. The scandal-hit firm reported a surge in profits in 2020, despite the contact tracing scheme it runs being chaotic and having ‘little impact’. The outsourcing giant published its financial report for the year today, showing its … Read more

Home Bargains pays its billionaire owner £16m dividend

Discount retailer Home Bargains pays its billionaire owner £16m dividend Home Bargains paid majority shareholder Tom Morris a £15.8million dividend Firm declined to say whether it has accepted a business rates holiday Home Bargains annual business rates obligations are estimated to be £36m By Neil Craven for The Mail on Sunday Published: 22:16 GMT, 20 … Read more

Investors in Barclays can bank on a dividend:  Lender revives payouts

Investors in Barclays can bank on a dividend: Lender revives payouts as boss Jes Staley looks to a big coronavirus recovery By Lucy White For The Daily Mail Published: 21:51 GMT, 18 February 2021 | Updated: 21:51 GMT, 18 February 2021 Barclays became the first major British bank to resume its dividend as the lender’s … Read more

British American Tobacco hikes dividend after profits rise 10%

British American Tobacco becomes latest firm to hike its dividend after posting a 10% rise in annual profits By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 British American Tobacco (BAT) is the latest firm to hike its dividend after a 10 per cent … Read more

BUSINESS LIVE: Dunelm restarts dividend; Persimmon puts aside £75m

BUSINESS LIVE: Dunelm restarts dividend; Persimmon puts aside £75m for cladding issues; 600,000 firms at risk of collapse By This Is Money Published: 08:03 GMT, 10 February 2021 | Updated: 08:05 GMT, 10 February 2021 Dunelm Group has reinstated its dividend after its first-half profits jumped by about a third to £112.4million thanks to strong … Read more

MARKET REPORT: Barratt builds on record sales by restoring dividend

Savers and pensioners were given a boost after housebuilder Barratt Developments reinstated its dividend. Record sales allowed the group to set aside a half-year payout of 7.5p per share. The housing market rebounded sharply after the first Covid lockdown brought viewings and sales to a standstill for weeks last spring. But estate agents were quick … Read more

Asda paid £1.1bn dividend to US owners Walmart before Issa takeover 

Asda paid £1.1 billion dividend to US owners Walmart before Issa brothers’ takeover By Tom Witherow For The Daily Mail Published: 21:50 GMT, 11 December 2020 | Updated: 21:50 GMT, 11 December 2020 Walmart completed the sale of a majority stake in the business to the Blackburn-based Issa brothers and their private equity backers, TDR … Read more