Taylor Wimpey trims shareholder returns as margins weaken
Taylor Wimpey reported first-half 2026 EBIT including joint ventures of 9.7 million, slightly above previous guidance, but announced a reduction in its shareholder returns policy from 7.5% of net tangible assets to 4%. The revised payouts comprise a minimum 2% cash dividend and a further 2% that can be distributed as dividends or buybacks. Managem…