Equinor reducing quarterly cash dividend for first quarter 2020 by 67%
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: GlobeNewswire
The Board of Directors of Equinor (OSE:EQNR, NYSE:EQNR) has decided a cash dividend of USD 0.09 per share for the first quarter 2020, a reduction of 67% compared to fourth quarter 2019. As stated in Equinor’s dividend policy, the Board of Directors will, when deciding on upcoming dividend payments, take into consideration expected cash flow, capital expenditure plans, financing requirements and appropriate financial flexibility. Reflecting the current unprecedented market conditions and uncertainties, the Board of Directors has decided to make a significant reduction of the quarterly cash dividend for first quarter 2020. “Equinor has already taken forceful actions to strengthen our liquidity and financial resilience under the current circumstances. In this extraordinary market situation, we have now also decided to reduce the cash dividend for the first quarter 2020 by 67%, compared to the proposed fourth quarter 2019 dividend,” says Eldar Sætre, president and CEO of Equinor
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- 4/30/24 - Form 6-K
- 4/25/24 - Form 6-K
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- EQNR's page on the SEC website