Asda FY 2019: £1.15 bn dividend paid to Walmart despite sales and profits fall

Date : 14 December 2020

Nick Gladding

Senior Retail Analyst

Asda paid a £1.15 bn dividend to parent Walmart, according to newly filed accounts at Companies House for the year to 31 December 2019. Made in March, this was the first such payment for three years. Profits fall as sales edge lower The dividend was paid despite profit for the period falling…
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