Carclo to cancel dividends until 2018 as deficit continues to bite

James Phillips
clock • 2 min read

Carclo has announced it does not expect to pay any dividends until at least April 2018 as its pension deficit continues to drain its reserves.

The plastic manufacturer had previously cancelled its October 2016 dividend, valued at 1.95 pence per share, for the same reason and particularly blamed falling discount rates following the Brexit ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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