Standard Life Aberdeen committed to final dividend payout

Put to shareholder vote at AGM next month

Standard Life Aberdeen (SLA) chairman Sir Douglas Flint has confirmed the company is to go ahead with its final dividend payout, citing its "strong financial position".

The dividend payout is set to be voted on at SLA's next annual general meeting on 12 May and comes at a time when the UK's banking groups, including HSBC and RBS, have been forced to cancel dividends following pressure from the regulator and central bank. This is Money reported that SLA's decision to continue with the £300m dividend was decided at a board discussion earlier this week and was agreed unanimously by directors. Close Brothers cancels dividend due to coronavirus crisis Flint said: "We are all acutely aware of the impact that the COVID-19 pandemic is having on society, a...