Dollar dividends cut UK investors’ income
When is a dividend increase not an increased dividend? When the company denominates its dividends in dollars but pays them to UK investors.
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BLOGS
The Edge
Richard Northedge takes on corporate finance
Archive for the ‘Oil’ category
Shell is right to pay up and move on
Why is Shell paying nearly £10m to settle claims of human rights abuse in Nigeria if it is not guilty? Because it is cheaper to pay up than fight on – even if it encourages further claims.
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Why higher energy prices are a good sign
If the bad news is that oil is back over $60 a barrel, that rise is also the good news too. While it puts pressure on costs, the price increase is also telling us the recession is ending.
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The BP-Royal Bank relationship is too cosy
The idea of former Royal Bank of Scotland chairman Sir Tom McKillop
seeking re-election as a director of BP reminds me of the joke about the drunken magistrates.
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