Hastings pushes ahead with dividend payment plan
Hastings Group has confirmed it will propose a final dividend of 5.5p per share at its AGM on 21 May despite calls from regulators for the industry to suspend payments during the coronavirus pandemic.
On 31 March in a Dear CEO letter Bank of England deputy governor and Prudential Regulation Authority CEO Sam Woods set out the regulators expectations and warned insurers to “pay close attention” to
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