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More companies may need to cut dividends on Covid-19 uncertainty

Market-watchers say a number of firms may need to focus instead on conserving cash under current economic landscape

Claudia Tan HS

Published Sun, Apr 26, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    AS THE Covid-19 pandemic rages on, there is increasing uncertainty over dividend payouts with more firms tightening their purse strings to conserve cash.

    Market-watchers The Business Times spoke to said that some companies may need to focus on conserving cash rather than dishing out dividends under the current economic landscape.

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