Adidas Will Be Resuming Dividend Payments to Its Shareholders
8 days ago - By Hypebeast
Adidas has announced that it'll be resuming payments of dividends to its shareholders. The company first suspended payments last year as a condition under a government-backed loan in order to brave the turbulent economy due to the ongoing coronavirus pandemic. Having followed those conditions, adidas now says that it's able to start paying shareholders dividends again of €3 EUR per share for 2020, totaling €585 million USD in payouts. According to Business of Fashion , the new decision comes after the sportswear giant adopted a series of new financing measures, which include securing a new...
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