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M&S to offer investors gift card instead of dividend
Published Mon, Mar 9, 2015 · 09:50 PM
London
MARKS & Spencer is to offer its army of private investors a gift card instead of a dividend payment as the British retailer rethinks the way it rewards shareholders.
About 30 per cent of M&S equity is owned by private investors, one of the highest proportions in the FTSE 100 index of Britain's leading companies.
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