Small Business Resources, Business Advice and Forms from AllBusiness.com

New CEO of U.K. Satellite Broadcaster BSkyB Restores Dividend.

By Nick Goodway, Evening Standard, London Knight Ridder/Tribune Business News

Feb. 11--James Murdoch, the controversial new chief executive of BSkyB, stunned investors today with news that the satellite broadcaster is to pay its first dividend for more than five years.

Analysts had expected Rupert Murdoch's son to name the date for the payout later this year but instead he chose to announce an interim dividend of 2.75 pence.

He said: These results show a business that continues to improve. We enter our second half with good momentum, robust f

In addition, make sure to read these premium articles also available with your free trial: