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Tag: dividend cuts
BP cuts dividend as losses swell on poor oil demand
2020-08-04 09:26:59| BBC News | Business | UK Edition
The oil giant warns the coronavirus pandemic could weigh on demand for a "sustained period".
Occidental Petroleum Cuts Dividend Again, Now to 1 Cent
2020-05-29 20:59:10| OGI
The companys shares were down 5% after the news and have lost nearly 70% of their value this year.
Shell cuts dividend for first time since WW2
2020-04-30 09:48:13| BBC News | Business | UK Edition
Royal Dutch Shell slashes its quarterly dividend by two-thirds amid the global oil price shock.
TechnipFMC Cuts Executive Pay, Dividend as Pandemic Fallout Bites
2020-04-23 15:13:03| OGI
Oil services company TechnipFMC said on April 22 it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak.
Tags: pay
executive
cuts
dividend
Vodafone meets FY guidance, cuts dividend to focus on debt reduction
2019-05-14 08:30:00| Telecompaper Headlines
(Telecompaper) Vodafone Group reported underlying EBITDA up 3.1 percent to EUR 14.14 billion in its fiscal year to March, in line with its guidance. The company said low single-digit growth should continue in the new year, supported by a continued focus on costs. The company reduced its dividend to 9 cents a share from 15.07 cents the previous year, saying it plans to focus more on debt reduction.
Tags: focus
reduction
debt
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