Volvo Cars to pay $310 million dividend, second under China’s Geely

Volvo Cars will pay a dividend of 2.9 billion Swedish crowns ($311 million) after record sales in 2018, the company said on Thursday, with almost all of it slated to boost the coffers of its debt-laden Chinese parent Geely.

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Read more here: Volvo Cars to pay $310 million dividend, second under China’s Geely

Category: businessNews

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