With Profits Falling, Rolls-Royce Cuts Dividend

Credit: A330neos: Airbus
LONDON – Rolls-Royce has cut its dividend to shareholders after profits at the aero-engine manufacturer fell by 12% last year. The company cut its dividend by 50% after profits dropped to £1.43 billion ($2.08 billion) in 2015 compared with £1.62 billion ($2.34 billion) in 2014. Revenues were also...

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