RSM TENON'S SHARE PRICE SLIDES

摘要

RSM Tenon's share price fell to ar all-time low last month after the firm announced a 60% dividend cut. Despite increasing pre-tax profit by 12%, chief executive Andy Raynor said declared dividends would be cut to 0.55p a share, down from 2010's 1.6p, in a bid to protect the firm from a 'difficult' economy. The quoted share price fell from 27p to 21.5p,