Aviva suspends shareholder dividends
Will reconsider in Q4
Decision follows pressure from regulatory bodies on insurers to show ‘restraint’ in light of COVID-19
Aviva has announced that its board of directors have agreed to withdraw its recommendation to pay 2019 final dividends to its ordinary shareholders in June 2020. The decision, made in the wake of the economic challenges posed by COVID-19, has come following public pressure placed on insurers by regulatory authorities, such as the EIOPA and the PRA, to show restraint regarding dividend payments to shareholders at this time. Aviva has opted to delay its decision about dividend payments until...
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