
Petrobras: The Dividend Is Finally Cut, Here’s What To Expect Next (NYSE:PBR)
caio acquesta The day of reckoning has lastly arrived as Petróleo Brasileiro S.A., or Petrobras (NYSE:PBR) administration up to date buyers about its revised dividend coverage. Accordingly, administration introduced Petrobras’ quarterly dividend could be restricted to 45% of its free money circulate or FCF. It is a extra stringent requirement from the earlier steering of…