Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes
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ZURICH (Reuters) - UBS Group intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the global economy.The lender's proposed dividend of $0.73 in cash per share is up nearly 6% over 2018 and foresees a payment of $1.41 billion after the bank posted a profit of $3.32 billion last year. It reflects a roughly 8% return on the bank's share..