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Braemar defends decision to drop dividend payout

Listed shipbroker Braemar is back in the black, but shareholders will not be receiving a dividend payment this year because of uncertainty relating to the coronavirus, executive chairman Ron Series has confirmed

‘It is just a cautious approach to things … Given that we do not know what the outcome will eventually be for coronavirus, we thought it would be prudent to hold the dividend,’ says executive chairman Ron Series

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