AXA halves dividend amid regulatory pressure
May pay special dividend in Q4
AXA is the latest company to cut its dividend
Insurer and asset manager AXA has announced it will halve its dividend amid pressure from regulators on firms to rethink their shareholder distributions during the Covid-19 pandemic.
AXA said it would slash its payout, due on 9 July, to €0.73 per share, from €1.43, after the European Insurance and Occupational Pensions Authority (EIOPA) and the Autorité de Contrôle Prudentiel et de...
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