The Warehouse shareholders aren’t getting a dividend – yet

The Warehouse shareholders aren’t getting a dividend – yet
Nick Grayston and Joan Withers. (Image: The Warehouse)
Ella Somers
“This is not a decision we took lightly,” The Warehouse Group’s chair, Joan Withers, told analysts after the retailer reported its grim first-half results yesterday.The “very difficult” decision in question was The Warehouse board's decision not to pay an interim dividend to shareholders – and it would re-evaluate whether to pay a final dividend.Withers blamed the challenging economic outlook, uncertain financial performance and heightened capital expenditure as the reasons behind the lack of an interim d...

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