Join our community of smart investors

William Hill suspends dividend in coronavirus warning

The gambling operator earned over half of its revenues last year from sports bets
William Hill suspends dividend in coronavirus warning

William Hill (WMH) has scrapped its dividend and warned of a possible £110m hit to profits in response to the abandonment of elite sporting events. The 86-year old gambling company generated 53 per cent of its 2019 revenues from sports betting.

IC TIP: Sell at 52.52p

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in