2nd Apr 2020 14:43
(Alliance News) - Caribbean Investment Holdings Ltd has decided against a final dividend due to the "significant uncertainty" caused by Covid-19, it said on Thursday.
The virus has hit global banking including in the Caribbean and Belize, the financial services company investor noted. The final dividend would have applied for its year ended March 31.
"The board will review its dividend policy for the current fiscal year once banking markets have returned to a more stable state," said CIHL.
Shares in the company were 3.9% higher on Thursday afternoon in London at a price of 27.00 pence each.
By George Collard; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.