Primeserv slashes dividend as economic uncertainty prevails
The company says it has taken measures to reduce costs as the lockdown takes a toll on revenue
17 June 2020 - 19:48
Staffing and recruitment services company Primeserv Group said on Wednesday that it had slashed its final gross dividend by 40% as the company weathers an uncertain business environment.
Primeserve said its final gross dividend had been cut to 1.5c per share while its total gross dividend in the year to end-March was down 25% to 3c, “in light of the prevailing circumstances and considering the interests of shareholders and the operational needs of the business”...
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