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Ban shareholder dividends for companies receiving state help during COVID crisis

Submitted on Wednesday 8th April 2020

Rejected on Tuesday 9th June 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Ban shareholder dividends for companies receiving state help during COVID crisis

Petition Details

Ban companies from paying out shareholder dividends if they have received tax breaks, furloughed staff, got bailouts or any other form of assistance from the government or state during the COVID-19 crisis.

Additional Information

It seems only fair at this time when we are all doing all we can to help the economy and keep businesses going, that businesses themselves respond in kind by taking the minimum assistance necessary instead of topping up their profits with tax payer funds.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Decisions about the payment of dividends are a matter for individual companies, not the Government or Parliament.

We have published a petition calling on the Government to restrict Government support for Covid-19 to dividend-paying companies, which you might like to sign: petition.parliament.uk/petitions/306053

You can find out more about coronavirus and how you can protect yourself and others here:

www.gov.uk/coronavirus
www.nhs.uk/conditions/coronavirus-covid-19/

The Government has also created an online service to help you find out what you can do if you’re struggling because of coronavirus: www.gov.uk/find-coronavirus-support

You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

You can read impartial analysis of the Government response to coronavirus and policy developments here: commonslibrary.parliament.uk/coronavirus/

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.

Find out more: committees.parliament.uk/work/192/the-governments-response-to-coronavirus/

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