Questor Income Portfolio: ‘Nothing has changed’ was the company’s message to shareholders this week. But there was a surprise lurking in Premier Oil’s statement It was a blow for this column when in May Royal Mail announced that it would cut its dividend for the 2019-20 financial year. It was …
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High-yielding FTSE 100 income stock Imperial Brands (IMB) has changed its dividend policy and announced plans for a £200 million share buyback programme. The company will stick with its target of a 10% rise in its dividend this year, ending September 30, but thereafter will adopt a flexible approach to …
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UK income investors have had a tough time so far in 2019 with a number of high-profile FTSE 100 name cutting dividends, including Marks & Spencer (MKS), and Vodafone (VOD), which cuts its pay out for the first time in almost 20 years. Former FTSE 100 member Royal Mail Group …
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