Shell/dividends: holding on for now
A FTSE 100 company announcing cost-cutting measures is hardly surprising right now. Adjusting to a tremendous collapse in the Brent crude oil price — down by almost half in just one month — tests the mettle of all oil producers. “Shell has weathered ...
Investors braced for big dividend cuts
Investors are braced for savage cuts in dividends across the FTSE 350 as companies hoard cash to see them through the coronavirus crisis. On Monday, a further wave of dividend suspensions and cancellation of buybacks were announced by companies scramb...