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Chile's LATAM Airlines plans to suspend 2019 dividend due to coronavirus crisis

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Home Blogs > Business
Apr 15 '20 | By oiam2companyadmin | Views: 47 | Comments: 0

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The board of South America's largest carrier, LATAM Airlines Group , plans to suspend a $57 million dividend payment tied to the company's 2019 profits to preserve cash to weather the new coronavirus crisis, it said on Tuesday night.
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Source: https://www.reuters.com/article/us-health-coronavirus-latam-airlines/chiles-latam-airlines-plans-to-suspend-2019-dividend-due-to-coronavirus-crisis-idUSKCN21X1U5?feedType=RSS&feedName=businessNews

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