Glazers take out £8 million dividend from Man United

Manchester United owners, the Glazers have taken out yet another set of payments for themselves from the club. This comes amidst the signings of Jadon Sancho and Raphael Varane that has left fans ecstatic, and eagerly awaiting their debuts. 

NASDAQ announced the acquisition of the shares by the owners, saying: 

‘A cash dividend payment of $0.09 per share is scheduled to be paid on July 30, 2021.

‘Shareholders who purchased MANU prior to the ex-dividend date are eligible for the cash dividend payment.

‘This marks the 10th quarter that MANU has paid the same dividend. At the current stock price of $14.94, the dividend yield is 2.41%.’

In terms of cash, that amount comes to £8 million and is yet another lump sum of money that the American family is taking out. Fans have been vocal about their discontent with the way the Glazers are running the club, and their sentiments are being heard in the preseason friendlies. One can only assume that these protests against the ownership will gain traction as the season rolls on. 

Last year, United revealed that they had paid dividends worth £23 million to the owners for 19/20. This news was amidst the club accumulating debt in excess of £450 million and only caused further unrest amongst supporters. 

The European Super League plans brought things to a boiling point as supporters invaded Old Trafford, and have since been demonstrating against the owners of the club and have made it a point to continue to spread the message. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Hugo Ekitike: Could He Be The Dynamic Frontman Who Could End Manchester United’s Striker Crisis?

Hugo Ekitike: Could He Be The Dynamic Frontman Who...

Manchester United’s attacking frailties have been on full display this season. Despite possessing some of Europe’s most...
5 Footballers Who Played for Both Manchester United and Manchester City

Top 5 Footballers Who Played for Both Manchester United...

In this blog post, we’ll explore the fascinating stories of footballers who played for Manchester United and...
PL 2024-25: Manchester United vs Manchester City - Preview, Prediction, Starting XI and Where To Watch The Match LIVE

PL 2024-25: Manchester United vs Manchester City – Preview,...

We preview Sunday’s Premier League clash at Old Trafford and share our prediction for the Manchester United...

Jassim Bin Hamad Al Thani net worth: How much...

Qatari Sheikh Jassim Bin Hamad Al Thani, the chairman of the Qatar Islamic Bank, has placed a...
Manchester United’s Summer Overhaul: Key Departures to Fund Major Transfers

Manchester United’s Summer Overhaul: Key Departures to Fund Major...

Manchester United are preparing for one of their most significant transfer windows in recent history. With Ruben...

LATEST NEWS

Best Features of iOS 18.4 in Apple’s Latest Update

Apple’s iOS 18.4 update is finally here, and it’s packed with meaningful upgrades across core apps and system functions — including the long-awaited expansion...

Virat Kohli Achieves 13,000 T20 Runs Milestone with a Stunning 29-Ball Fifty Against MI

On a balmy evening at Mumbai’s Wankhede Stadium, as the crowd roared with anticipation, Virat Kohli etched his name into the annals of cricket...

Huawei Watch Fit 3 Launched in India from ₹14,999

Huawei has introduced its Watch Fit 3 smartwatch in India, adding to its range of wearables in the market. The watch is priced at...

The Ultimate Cleaning Companion: Portronics MopCop4 Transforms How Indians Clean Their Homes and Cars

Portronics MopCop4 Launched: Have you ever found yourself struggling to clean those hard-to-reach corners under your sofa? Or perhaps you’ve experienced the frustration of...

Featured