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Income Boosters: Can these cash cows reinvent themselves?
The latest results from our Income Boosters portfolio cover two companies that are struggling with growth but continue to generate cash. We're keeping both stocks under review but feel that patience is justified while their dividends remain safe.
Our previous Income Boosters update here considered how some of the biggest companies in our Income Boosters are positioning themselves for a post-pandemic return to growth and whether the big dividend payments might be under threat.
Two companies covered here are struggling to grow but continue to generate plenty of cash to suport their dividend payments, but is this the right thing to do?
Tate & Lyle: Dividend rise sweetens flat profits
Full-year results from FTSE 250 sweetener and ingredients firm Tate &…
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