JD Sports scraps final dividend, chairman opts for 75% salary cut

(Reuters) - JD Sports on Friday suspended the payment of final dividend in order to maintain its cash reserves and said Chairman Peter Cowgill will take a 75% voluntary reduction in salary amid the coronavirus pandemic.Britain's biggest sportswear retailer, which has shut all of its stores in the UK, United States and Europe, has further delayed the publication of its full-year results to provide clarity on the coronavirus' impact on the group's performance.JD Sports said it would announce..