No dividend for Greencore shareholders until at least the end of 2021
The sandwich company said the move had been agreed as part of a waiver with its lenders
Greencore will not be in a position to pay shareholders a dividend until the end of next year, the company has said.
The Irish sandwich and ready meal giant said that no dividend would be paid in the current financial year, which ends in September or in the next financial year.
Emma Hynes, Greencore‘s chief financial officer, said the move had been agreed as part of a waiver of its banking convenant with its lenders....
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Arm of BlackRock builds up €20m short bet that Glanbia shares will continue to fall
Food company’s stock price has swung up and down since start of pandemic with performance nutrition products hit hard