March 20, 2020 / 11:14 PM / 13 days ago

BRIEF-Mullen Group Says Will Temporarily Suspend Monthly Dividend Of $0.05 Per Common Share For Three Months

March 20 (Reuters) - Mullen Group Ltd:

* MULLEN GROUP - WILL TEMPORARILY SUSPEND MONTHLY DIVIDEND OF $0.05 PER COMMON SHARE FOR THREE MONTHS, EFFECTIVE APRIL 1

* SENIOR EXECUTIVES AND DIRECTORS WILL REDUCE THEIR RATE OF PAY FOR 90 DAYS

* SUSPENSION OF SOME SERVICES ALONG WITH TEMPORARY LAYOFFS DUE TO WORK SHORTAGES

* MULLEN GROUP - LAID-OFF EMPLOYEES WILL REMAIN ELIGIBLE FOR COMPANY BENEFIT PLANS Source text for Eikon: Further company coverage:

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