JD Sports suspends 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 Executive Chairman Peter Cowgill has volunteered to take a 75% reduction in salary amid the coronavirus pandemic.Britain's biggest sportswear retailer has further delayed the publication of its full-year results to July, which was earlier pushed to May, to provide clarity on the coronavirus' impact on the group's performance.