Revenue reserves can come to the income-seeker’s rescue amid the coronavirus crisis
With UK companies suspending dividends left, right and centre, times are tough for income investors. One possible solution is to look to investment trusts. Many are sitting on significant revenue reserves which they can draw on during ‘rainy days’ to supplement their revenue and maintain dividends during ‘Black Swan’ events such as the coronavirus shutdown. Most income trusts have accumulated close to or more than one year’s dividend worth...