BT might be ready to sacrifice dividend growth
No prizes for guessing that BT’s (BT.A) dividend plans will have a large bearing on how full year results go down with investors on 10 May. Growth and the triennial pension fund assessment will also be in focus.
Some analysts reckon a shock payout cap or cut could be on the cards as BT looks for pension funding and fibre rollout flexibility. The forward dividend yield current sits at 6.4%.