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BT pulls dividend until 2021/22

Thu, 07th May 2020 07:09

LONDON, May 7 (Reuters) - Britain's biggest telecoms group
BT has suspended its dividend until 2021/22 and pulled
its financial outlook in response to the COVID-19 pandemic.

"Of course, Covid-19 is affecting our business, but the
full impact will only become clearer as the economic
consequences unfold over the next 12 months," Chief Executive
Philip Jansen said. "Due to Covid-19, BT is not providing
guidance for 2020/21, at this time."
(Reporting by Kate Holton)

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