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Coronavirus: Insurance companies pause dividend payments

2020-04-08 12:27:03| BBC News | Business | UK Edition

Insurers have followed regulatory advice to scrap dividends during the coronavirus crisis

Tags: companies insurance payments pause

Shale Producer Continental Resources Suspends Dividend

2020-04-07 23:00:00| OGI

With global oil demand estimated to have been impacted by 30% due to COVID-19, Continental Resources will continue to take decisive action to maximize cash flow generation, CEO Bill Berry says.

Tags: resources continental producer dividend

Proximus lowers dividend to accelerate investment in fibre roll-out

2020-03-31 09:30:00| Telecompaper Headlines

(Telecompaper) Belgian operator Proximus has unveiled its new strategic plan #inspire2022 at its Capital Markets Day. The new CEO Guillaume Boutin plans to focus on increased capital investment in order to accelerate growth. The company is launching 5G services using existing spectrum, plans to add up to 1 million more fibre premises passed to its targets and is seeking a greater presence in the wholesale and business markets. The extra investment will result in a lower dividend in the year to come.

Tags: investment dividend fibre accelerate

Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

2020-03-26 13:43:00| Telecompaper Headlines

(Telecompaper) Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational free cash flow, and that it will reduce its dividend proposal to the AGM. This is because of the impact on Telia's television and media operations, while the effects on the rest of its business are currently limited. There could be an EGM in the autumn to vote on an extra dividend, the company added.

Tags: media hits virus proposal