Report says UK hardest hit by pandemic, with payouts falling by 47%
The economic turmoil caused by the Covid-19 pandemic pushed third-quarter shareholder payouts to their lowest level since 2016, according to the latest snapshot, with the UK recording the biggest falls.
Janus Henderson is now warning that dividends for the whole of 2020 are likely to drop at least 15.7%, which would “eradicate” more than three years of dividend growth and cost investors $224bn (£170bn) in lost income this year.
Continue reading…Report says UK hardest hit by pandemic, with payouts falling by 47%Coronavirus – latest updatesSee all our coronavirus coverageThe economic turmoil caused by the Covid-19 pandemic pushed third-quarter shareholder payouts to their lowest level since 2016, according to the latest snapshot, with the UK recording the biggest falls.Janus Henderson is now warning that dividends for the whole of 2020 are likely to drop at least 15.7%, which would “eradicate” more than three years of dividend growth and cost investors $224bn (£170bn) in lost income this year. Continue reading…