Yeah many companies have done that, VTG is another example plus management has taken massive pay cuts or cut the pay to $0. VTG CEO cut her pay to $0. I think its a smart thing to do.
Right now companies should be worried about business continuity. I wish couple of my other holdings didn't pay the dividend. I would be much more at ease knowing they have enough cash to weather what maybe thrown at them in the next few months.
This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.
Ann: COVID-19, Guidance and Dividend Update, page-14
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Last
$15.00 |
Change
-0.070(0.46%) |
Mkt cap ! $17.23B | |||
| Open | High | Low | Value | Volume |
| $14.95 | $15.16 | $14.94 | $52.88M | 3.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13788 | $14.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.01 | 9267 | 3 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |