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 ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
