Rolls-Royce resumes dividends and raises full-year profit guidance after pandemic recovery.

Rolls-Royce, a prominent aerospace engineer, announced it will resume dividends after raising its full-year profit guidance. The company, which underwent a £7bn emergency recapitalization during the pandemic, is set to pay out 30% of its 2024 after-tax profits and increase this to 40% in subsequent years. The dividend recovery is a result of the company's strong first-half performance and ongoing recovery from pandemic-related travel restrictions.

August 01, 2024
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