Due to falling rates squeezing floating-rate loan income, the dividend for the income portfolio including OWL and British American Tobacco was cut from $0.37 to $0.31.
1 report, 1 independent
Updated Sep 5
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What happened
Due to falling rates squeezing floating-rate loan income, the dividend for the income portfolio including OWL and British American Tobacco was cut from $0.37 to $0.31.
Who's involved
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The entities involved
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OWL
company in Derio, Spain
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British American Tobacco
British multinational tobacco company