Dividends

“The European Central Bank has lifted its blanket recommendation against distributions, including dividends and share buybacks, but under strict conditions that will have the biggest impact on eurozone banks with high capital returns, analysts said.” – by Vanya Damyanova

“…the PRA judges that an extension of the exceptional and precautionary action taken in March is not necessary and that there is scope for banks to recommence some distributions should their boards choose to do so, within an appropriately prudent framework.” – Bank of England

“The chief executives of some of Europe’s biggest banks are hoping regulators will soon let them resume cash dividend payments, easing pressure on their flagging share prices.” – by Simon Clark

“VW, BMW, Daimler, Continental and Adidas criticised for considering payouts while relying on state funds.” – by Joe Miller, Olaf Storbeck and Guy Chazan