Leading shipbroker Clarksons has joined the rush to halt dividend payments as the coronavirus lays waste to the global economy.
The London-listed group said it needs more clarity as to the effects of the pandemic, bringing a potential halt to 16 years of rising payouts to investors.
"In light of the current increased uncertainty caused by the Covid-19 outbreak, the board has decided to withdraw the resolution regarding the final dividend from the annual general meeting," the company added.
