Rose May Cut M& S Dividend to Save Pounds 100m [Edition 2]

Daily Mail › May 19, 2009

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Summary

MARKS & Spencer boss Sir Stuart Rose looks set to cut the dividend for the first time in eight years as he attempts to place retailer on the road to recovery.

Halving the final dividend from 221/2p to 11.3p would save as much as Pounds 100m.

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Extract

Rose May Cut M& S Dividend to Save Pounds 100m [Edition 2]

Rose believes it is a priority to keep investin...

See the full content of this document