The bank said an interim dividend for 2020 of US$0.15 per ordinary share will be paid. Reported results in 2020 include a US$1.3bn impairment of software intangibles, while reported results in 2019 included a US$7.3bn impairment of goodwill. He said the bank was “pleased to restart dividend payments at the earliest opportunity.'' The fourth interim dividend for 2019 was canceled in response to a request from the UK’s Prudential Regulation Authority, he said. “We also announced that, until the end of 2020, we would make no quarterly or interim dividend payments or accruals in respect of ordinary shares.

Source: The Standard February 23, 2021 03:56 UTC