March 23, 2020 / 1:16 PM / 11 days ago

Security firm G4S suspends dividend on uncertainty over coronavirus

FILE PHOTO: A G4S security van is seen parked outside a bank in Loughborough, central England, August 28, 2013. REUTERS/Darren Staples/File Photo

(Reuters) - G4S (GFS.L), one of the world’s largest private security firms, said on Monday it will suspend its dividend due to uncertainty stemming from the coronavirus pandemic and the impact it may have on its key markets.

The London-based company, which has 1.3 billion pounds in liquid resources and operations in more than 90 countries, maintained that the virus has not had any material impact on its business as yet.

Reporting by Yadarisa Shabong in Bengaluru, Editing by Sherry Jacob-Phillips

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