Shell cuts dividend for first time since World War II

Royal Dutch Shell cut its dividend on Thursday for the first time since World War II. The cut came after its profits were wiped out by a collapse in oil demand. #RoyalDutchShell Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow … Read more Shell cuts dividend for first time since World War II

Shell CEO on Dividend Cut, Debt, Oil Industry `Crisis’

Apr.30 — Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden discusses the company’s dividend cut, its debt outlook and the challenges facing the oil industry amid the slump triggered by the coronavirus pandemic. He speaks on “Bloomberg Markets: European Open.”

Shell Cuts Dividend for First Time Since Second World War

Apr.30 — The oil industry is facing a “crisis of uncertainty,” says Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden. “Maybe even uncertainty about the viability of some of our assets,” he said in an exclusive interview on “Bloomberg Markets: European Open.” Van Beurden spoke after Shell cut its dividend for the first … Read more Shell Cuts Dividend for First Time Since Second World War

ANZ announce slump in profits due to stockpiling $1b in cash reserves | ABC News

NAB cut its dividend 64 per cent the other day, but ANZ went one better today and cut it 100 per cent, or rather deferred it till who knows when. The bank also announced a halving of its profit because of a huge increase in the impaired loan provision. Read more here: https://www.abc.net.au/news/2020-04-30/anz-announces-51pc-profit-slump-dividend-deferral/12199970?section=business For more … Read more ANZ announce slump in profits due to stockpiling $1b in cash reserves | ABC News

ANZ Bank Profit Plunges 60%; Dividend Deferred on Virus

Apr.29 — Australia & New Zealand Banking Group Ltd. first-half profit plunged 60% as the coronavirus crisis sent bad-debt provisions soaring, prompting the lender to defer its dividend until the economic situation is clearer. Emily Cadman reports on “Bloomberg Daybreak: Asia.”

UBS CEO Ermotti on First-Quarter Profit, Coronavirus Impact

Apr.09 — UBS Group AG delayed its dividend even as the Swiss lender reported a surprise jump in first-quarter profit that suggests lenders so far are benefiting from volatility in the wake of the coronavirus pandemic. Chief Executive Officer Sergio Ermotti discusses the bank’s results, as well as the global policy response to the virus, … Read more UBS CEO Ermotti on First-Quarter Profit, Coronavirus Impact

UBS, Credit Suisse to Delay Half of Dividend Payment

Apr.09 — Both Credit Suisse and UBS have proposed delaying half of their 2019 dividend payments to later in the year. This follows mounting pressure from the Swiss financial regulator on the nation’s banks to reconsider their dividend distribution plans. Bloomberg’s Patrick Winters reports on “Bloomberg Markets: European Open.”

Banking sector sees sell-off after dividend deferral | Finance Report

For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 And you can find more finance and finance news from the ABC here: https://www.abc.net.au/news/business/ Subscribe to us on YouTube: http://ab.co/1svxLVE Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 You can also like us on Facebook: http://facebook.com/abcnews.au … Read more Banking sector sees sell-off after dividend deferral | Finance Report

Goldman Sachs Sees Equities Falling Before `Strong Rebound’

Apr.08 — Goldman Sachs says equities have further to fall before a “strong rebound” driven by a 50% plus rise in corporate earnings in the U.S. and Europe, as well as an increase in dividend payouts. “It’s that improvement into the future that the market is not yet really reflecting, particularly on the dividend story,” … Read more Goldman Sachs Sees Equities Falling Before `Strong Rebound’