Tesco can only hold the dividend

DividendMax Ltd.

Tesco can only hold the dividend

Tesco loses its proud record of consecutive dividend increases for over a quarter of a century.

£3.5bn trading profit - year-on-year performance largely reflects UK reinvestment

Final dividend maintained at 10.13p, giving full-year dividend of 14.76p

Good progress in the UK, delivering improved results - for customers and for Tesco

Strong online performance: Group sales of over £3bn for the first time - up 13%

Confirming exit from the United States - process well-advanced

F+F brand clothing sales now exceed £1bn in UK alone, with +9% LFL sales growth

Clear approach to future growth, capital expenditure, returns and cash, providing clarity for shareholders

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