Sportswear retailer JD Sports scraps shareholder dividend pay out due to Covid uncertainty

Despite a 30% jump in revenue to over £6bn, JD Sports said it will not be paying shareholders an annual dividend due to the ongoing Covid uncertainty.

Sportswear retailer JD Sports, which operates nearly 30 shops in Ireland, has said it has seen weaker customer footfall since reopening and expects Covid-19 disruptions to have a material impact on its results for its current financial year, which runs to the end of next January.