Governments also forced some sectors, such as banks, to halt dividend payments. By the end of September, however, many companies had sufficient visibility on earnings to resume payouts to shareholders. By the end of the summer, the S&P 500 had recovered almost all of its losses, supported by...
As well as strong earnings, the company's share price performance was also positively impacted towards the end of the quarter by a decision to announce an interim dividend which was 100% higher than last year. This translated into a 3.5% yield on the interim dividend alone. Vinamilk has ...