One of Tesco’s main investors, Harris Associates, has warned that the company may have to cut its £1.2bn dividend to shareholders.
David Herro of Harris said the dividend should be funded from cash not by borrowing. New Tesco chief executive Dave Lewis takes up his post in six weeks’ time.
Sunday Times Business 2
Mail on Sunday 87
One of Tesco’s main investors, Harris Associates, has warned that the company may have to cut its £1.2bn dividend to shareholders.David Herro of Harris said the dividend should be funded from cash not by borrowing. New Tesco chief executive Dave Lewis takes up his post in six weeks’ time.Sunday Times Business 2Mail on Sunday 87
