Cathay Pacific Decides To Cut Dividend By Half To Save Money
Cathay Pacific's board yesterday decided to cut its recommended 2002 dividend in half due to the deep losses the airline is facing as a result of the SARS pneumonia outbreak. The final dividend will be HK$0.28 per share, rather than the HK$0.56 per share recommended. The 50% cut will cost HK$934...
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