Coronavirus: Dividend damage is limited so far
The coronavirus pandemic has caused a shocking number of UK companies to suspend their dividends in order to preserve cash. This will be a concern to many investors, especially those who rely on dividend income to support their retirement.
So far, the impact on our Income Boosters portfolio has been limited. But over the next two weeks we'll be taking a closer look at the outlook for the portfolio. We'll also reveal some changes to this high yield portfolio which we hope will support stronger dividend growth.
Why are dividends being cut?
The impact of the coronavirus outbreak may be harder to predict even than the 2008 financial crisis. Recessions are something that most senior executives…
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