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Tag: dividend
BP Hikes Debt, Keeps Dividend as Coronavirus Hammers Profits
2020-04-28 15:42:51| OGI
BPs first-quarter profit tumbled by two thirds and its debt climbed to its highest on record on April 28 as the coronavirus crisis hammered oil demand, but the energy major kept its dividend despite warning of exceptional uncertainty.
Tags: debt
profits
dividend
hikes
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
Tele2 drops extra dividend in order to conserve cash
2020-04-21 09:19:00| Telecompaper Headlines
(Telecompaper) Tele2 has abandoned plans to pay an extraordinary dividend from its 2019 results, saying it's better to conserve cash due to the uncertain economic outlook. The Swedish operator also withdrew its guidance for 2020 but said it was on track with its medium-term targets.
Orange slashes dividend as coronavirus takes its toll
2020-04-20 02:00:00| Total Telecom industry news
With more people working at home than ever before, telecommunications services have rapidly become even more integral to our daily lives. As a result, one could be forgiven for thinking that network operators should be raking in the profits during this turbulent time…read more on TotalTele.com »
Tags: takes
orange
toll
dividend
Orange announces cut to 2019 dividend due to Covid-19
2020-04-17 10:50:00| Telecompaper Headlines
(Telecompaper) The announcement comes amid increasing pressure on French companies to review their dividend policies. At the end of March, the government said that any business applying for state financial support during the current crisis would be requested to scrap dividend payments to shareholders. Trade unions have called for all companies in the country to scrap dividends, starting with state-backed groups.
Tags: due
cut
orange
announces
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