The firm has cited the coronavirus pandemic as a factor in profit falls (Image: Shutterstock) Rosenblatt Suspends Interim Dividend Amid Profit Crash
The firm previously paid out a reduced dividend earlier in 2020, but has postponed further pay-outs until at least the end of the year.
September 16, 2020 at 06:41 AM
3 minute read
U.K. listed law firm Rosenblatt has suspended its latest dividend payment, after its profit before tax fell by over 50% for the first half of the year.
The firm, which trades as RBG Holdings, cited the hit from the coronavirus pandemic on its litigation and M&A activity as difficulties during the 6-month period, according to a statement on the London Stock Exchange.
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