Glanbia plans to share out a third of profits in dividends
Chief executive Siobhán Talbot said the decision was not in response to investor demand, but followed a review of dividend policy and the company’s low levels of debt
Food giant Glanbia is to increase dividend payouts to shareholders to up to a third of its profits every year.
Speaking to The Sunday Business Post last week, Glanbia chief executive Siobhán Talbot said that in recent years the increase in dividends had tended to keep pace with the growth in earnings. From now on, the company will pay out between 25 per cent and 35 per cent of its annual profits in ...
