Debt dives but no divi yet at Barratt Developments

Debt is being reduced apace at Barratt Developments but the house builder is not quite yet ready to resume dividend payments.

Debt is being reduced apace at Barratt Developments but the house builder is not quite yet ready to resume dividend payments.

Some brokers had expected Barratt to return to the dividend standard after a four year gap, but shareholders will have to wait until after the end of the current financial year (June 2013) before they derive any income from their holdings.

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