Companies have been racing to cut dividends as lockdowns of major cities crush businesses, drying up their cashflows, with banking authorities and national governments also rushing to regulate financial institutions and state-owned companies.
More than 80 of the top 600 listed companies in Europe cut or scrapped dividends between Feb. 24 and April 8, a Reuters analysis found. Among the latest to suspend dividends were French aerospace and defence supplier Thales (
stolen cash make people crash
THAT IS ILLEGAL. DIVIDENDS ARE TO BE PAID TO THE CUSTOMERS !
Without doing that the economy will crash...no choice.
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