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Coronavirus impact: These defensive dividend stocks are performing well

28/05/2020 · Pearson (PSON)  · Tate & Lyle (TATE) 

Dividends FTSE 100 FTSE 250 UK

Tate and Lyle sugar refinery

We look at the latest numbers from Tate & Lyle and explain why we've added FTSE 100 education group Pearson to our Income Boosters portfolio.

A sense of calm is returning to the market, but the coronavirus story isn't over yet. We believe defensive qualities remain essential for income investors. This week, we're looking at two defensive choices from our Income Boosters portfolio.

Tate & Lyle: sweet dividend

Last week's full-year results from Tate & Lyle (LON: TATE) confirmed that the group's 20-year dividend record would be maintained. Shareholders should receive a payout of 20.8p per share on 31 July. This year's…

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