Rolls-Royce dividend returns after profit surge

Quick Summary:

The engine-maker is reporting better than expected financial results after a major overhaul.

Engine-maker Rolls-Royce has said it would restart its dividend after a four-year gap, as it predicted a rise in profits.

The Derby-based firm, which makes engines for aircraft, ships and submarines but also makes power generation systems, had not paid a dividend since 2020.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Rolls-royce Operating Underlying Rise Predicted 2024 Profit Dividend Derby Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 09:23:47 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © BBC Business

News ID: 21884452

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