Goodwin tumbles as it considers cutting dividend payout policy

Goodwin

23/03/2026 10:04

** Shares of mechanical engineering company Goodwin GDWN.L fall as much as 43.2% to 13,000p; stock's biggest one day percentage fall on record

** Co says considering cutting its dividend payout policy given escalating Gulf situation and broader economic environment

** Says some of its large orders in the Middle East were delayed amid the Iran conflict, which could affect timings of revenues

** YTD, stock is down ~34%

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))