Companies are cutting their payouts left, right and centre as they contend with the coronavirus
Thursday 26 Mar 2020 Author: Martin Gamble
The FTSE 100 index is offering a prospective dividend yield of 5.6% according to data from Stockopedia, but the slew of cancelled payments throws into doubt even those regarded as rock-solid. THE DAMAGE IN PERSPECTIVE Incredibly, the total amount of cancellations, which is currently worth £1.6bn and counting, equates to the entire dividend growth that was expected for the whole of 2020 according to data from AJ Bell. That...