UBS sticks with planned dividend30 Mar 2020 17:59
UBS intends to pay its 2019 dividend as planned, the Swiss banking giant said today, despite guidance from Swiss authorities and international banking groups to limit payouts due to the catastrophic economic impact of coronavirus.
The bank’s proposed dividend of $0.73 (59p) in cash per share is an increase of almost six per cent on 2018’s figure, representing a total payment of $2.6bn