“The combination of our debt capital market transactions and the decision to not pay a final FY20 dividend increases our funding flexibility so we can continue to invest for the long term,” Seek chief executive Andrew Bassat said.

"The dividend decision was not taken lightly but we believe it is the right trade-off to maximise returns for long-term shareholders. Once economic conditions improve, we intend to resume payment of dividends," he said.

The company delayed its interim dividend in April to July 23 after the COVID-19 pandemic caused billings to fall by 60 per cent in two weeks.

The employment website said in an ASX statement at the time the pandemic was having a "material economic impact" on all of Seek's businesses and that it could no longer reliably provide guidance.

Seek cut costs and relieved customers on existing 12-month contracts of minimum monthly spend obligations until the end of May, while expiry dates on pre-purchased packages were extended.

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Seek is scheduled to report its full-year results on August 12. Market consensus expects the company to report revenue totalling $1.57 billion and a $101 million net profit, but as with many companies in these uncertain times the focus will be on any guidance it offers for the current financial year.

"Given the broader economic uncertainty, it is uncertain whether Seek will provide FY21 guidance," said Goldman Sachs analysts who were not expecting the company to pay a final dividend.

The investment bank expects the company to delay the achievement of its aspirational 2025 revenue target of $5 billion.

"The extent of the delay and Seek commentary on the $5 billion target will be an important indicator to gauge its medium-term outlook," Goldman Sachs said.