Coronavirus impact: light at the end of the tunnel for dividends?
Three stocks from our Income Boosters portfolio have issued positive trading updates in recent days. We look at the latest from Direct Line Insurance, Tate & Lyle and Hikma Pharmaceuticals.
The UK and much of Europe appear to be moving towards the end of lockdown. And although we'd suggest the recent rapid recovery in equity prices may have been too rapid, we remain firm believers that over the medium term, most businesses will recover from the coronavirus pandemic.
Against this backdrop, we've had encouraging updates from several of our Income Boosters stocks over the last week.
Direct Line: trading well, guidance confirmed
Motor and home insurer
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