Aviva to postpone dividend payment following calls from regulators

Aviva has told shareholders it will not pay them a dividend in June 2020, instead potentially delaying it until the fourth quarter of the year, as the coronavirus crisis continues to weigh on companies. The insurer and asset manager said its board had agreed to withdraw its recommendation to pay its 2019 final dividend to shareholders in June 2020, instead expecting to reconsiderany distribution to investors in Q4. Aviva said the decision had been taken in response to urgings from regulators including EIOPA and the Prudential Regulation Authority that insurers should reconsider their ...