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Dairy Crest cuts dividend payments by 25% to fund DB scheme

Emma Dunkley

21 May 2009 •

Dairy Crest will slash dividends by 25% to help fund the additional cash contributions to its pension scheme, the company confirms.

Group chief executive Mark Allen said the firm, which owns Cathedral City cheese and Clover, would pay £20m per year into its pension scheme from this October. However, due to the extra cash cont...

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