Retailers Likely to Hack Back Dividends As Well As Prices

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Summary

NOT only are retailers slashing prices to lure cash-strapped shoppers, but they are tipped to take the axe to their dividends too.

Broker Credit Suisse is predicting cuts this year from B&Q owner Kingfisher, DSG International (formerly Dixons) and Woolworths.

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Retailers Likely to Hack Back Dividends As Well As Prices

As shop chains battle with falling sales and steep rental bills, the pressure is on to c...