Monash IVF Group (ASX:MVF) dividend deferred as operations delayed

Company News

by Rachael Jones

Monash IVF Group (ASX:MVF) reports that the temporary suspension of all nonurgent elective surgery will significantly impact the Company’s fertility activity.

Patients that started treatment prior to this temporary suspension are currently expected to complete treatment.

The Company supports the National Cabinet’s position and believes it is important to help ensure that Australia’s healthcare system is best placed to fight the COVID-19 pandemic.

The Company considers it appropriate to defer the payment of the interim dividend until 2 October 2020 subject to further COVID-19 developments and the financial position of the Company at that time.

Shares in Monash IVF Group (ASX:MVF) are trading 2.8 per cent lower at 44 cents
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.