RE: Divi News soon2 Nov 2020 07:54
' Final Results
Thu, 2nd Jul 2020 07:00
RNS Number : 7809R
Smith (DS) PLC
02 July 2020
2 July 2020
DS Smith Plc - 2019/20 FULL YEAR RESULTS
Resilient performance, robust business model
Dividend
The Board considers the dividend to be a very important component of shareholder returns. On 8 April 2020, in light of the unprecedented uncertainty due to the Covid-19 pandemic, we announced that the Board had decided that it was prudent to not pay the interim dividend due for payment on 1 May 2020, despite our strong liquidity profile and resilient trading to that date. The Board has since considered the overall dividend payment for this financial year and, taking into consideration the interests of all stakeholders, concluded that the outlook remains too uncertain to commit to a resumption of dividend payments in the short term. Recognising the importance of dividends to all shareholders, the Board will actively consider the resumption of dividend payment, when we have greater clarity over outlook. '
Nope, no consideration to shareholders (Private Investors), SMDS will keep your Dividend monies to finance other interests, and the Board will probably award themselves more FREE shares-for doing a 'good job'
SUCKERS !