Amvescap Slashes Dividend

Summary


AMVESCAP, reeling from the crisis engulfing its US mutual fund arm Invesco, today halved its dividend, the first cut in more than 10 years.

It declared an interim dividend of 2.5p to be paid on 15 October, with an ex-dividend date of 22 September. Last year the firm paid 5p.

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Extract


Amvescap Slashes Dividend

The final dividend for 20...

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