Leroy Seafood owner Austevoll Seafood plans to nearly halve its proposed dividend for 2020, amid the coronavirus health crisis.

Directors earlier proposed a dividend of NOK 4.50 (€0.39/$0.42) per share to be distributed in 2020 after preliminary financial figures were published on Feb. 25.

But with the spread of the global pandemic, increased global economic uncertainty and unpredictability directors are now planning to propose a dividend of NOK 2.50