Close Brothers cancels dividend due to coronavirus crisis

2020 interim dividend

Jenna Brown
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The dividend was due to be paid on 22 April
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The dividend was due to be paid on 22 April

Close Brothers Group has cancelled the payment of its 2020 interim dividend which was due on 22 April, due to the ongoing coronavirus crisis.

A note to the stock exchange released this morning (2 April) confirmed the move. It said: "The board of Close Brothers Group has decided to cancel the payment of its 2020 interim dividend, payable on 22 April 2020, recognising the significant challenges currently faced by businesses and individuals, and consistent with our purpose of helping the people and businesses of Britain." The statement added the group's strong financial position and resilient business model leave it "well placed to navigate these conditions". Close Brothers AM restructure sees CIO Curtin depart Close Bro...

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