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Glencore 'should cut dividend'

Broker Investec has called on Glencore to cut its dividend to bolster its ability to withstand a long period of price deflation.

Glencore 'should cut dividend' Glencore 'should cut dividend' Glencore 'should cut dividend' Glencore 'should cut dividend' Glencore 'should cut dividend'

Glencore CEO Ivan Glasenberg...feeling the heat

Jeremy Wrathall, Investec global mining analyst, said compared to its peer group Glencore was considered "to be the least prepared for a prolonged downturn in commodity prices".