We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Cover story

26 September 2014 By Robert Cole

The UK grocer’s shares are down 27 pct since May and yield over 6 pct. The group faces the same competitive threats as dividend-slashing Tesco. A small drop in sales, coupled with margin compression, would make Sainsbury’s payout unsustainable. Management has cover to make a cut.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)