EasyJet rejects Sir Stelios’ dividend protest
Calls by EasyJet founder Sir Stelios for the airline to increase its dividend has been rejected by shareholders.
Sir Stelios, whose family owns 34% of the low cost airline, has called for it to increase its payout from 40 to 50% of post-tax profits.
In a protest, he planned to vote with 5% of his family’s stake against the re-election of John Barton, easyJet’s chairman at the AGM on Thursday.
But fellow shareholders have failed to support him.
Trevor Green, head of UK equities at Aviva Investors, a top 20 investor in easyJet, told the Telegraph he was ‘very happy’ for easyJet to stick with the policy outlined at its 2014 capital markets day, lifting its dividend from a third of post-tax profits to 40%.
EasyJet’s chief executive, Dame Carolyn McCall, said last week that Sir Stelios’s dividend protest would have no bearing on the board’s decision.
Diane
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive