Rolls-Royce engineers a return to dividends

Rolls-Royce engineers a return to dividends
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Rolls-Royce engineers a return to dividends
Published: Feb, 22 2025 21:50

Summary at a Glance

As a result its stock was the best performer in the FTSE 100 in both 2023 and 2024 surging 207 per cent and 96 per cent respectively.

After being appointed in January 2023, the turnaround specialist told the engineering firm's 42,000 staff they were standing atop 'a burning platform' after Covid brought it to its knees.

Though given he worked at troubled BP from 1997 to 2020, could 'Turbo Tufan' be tempted to take on one last turnaround job?.

Rolls-Royce is expected to confirm the size of its first dividend in five years on Thursday, in a boost for boss Tufan Erginbilgic.

Moving in the right direction: Tufan Erginbilgic was appointed Rolls-Royce in January 2023.

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