As Britain battles to curb the spread of virus, the report published on Thursday showed that a record 41% of dividend payouts by the country's listed companies were under threat if the situation worsens.
LONDON: UK-listed companies could cancel about US$60 billion in dividend payments this year following Britain's lockdown and calls from regulators to preserve cash during the coronavirus crisis, according to a report by analytics company Link Group.
As Britain battles to curb the spread of virus, the report published on Thursday showed that a record 41% of dividend payouts by the country's listed companies were under threat if the situation worsens.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
