Income Boosters: Market-beating yield, but it’s been a struggle
Our Income Boosters Portfolio has struggled this year in the face of an unprecedented number of dividend cuts. But it continues to provide a FTSE 100-beating yield, although we are dropping this year's worst performer.
While our Ultimate Stocks portfolio has delivered a stunning preformance in 2020, it's been a very difficult year for our Income Boosters portfolio, and income seekers as a whole, who have suffered an unprecedented number of dividend cuts or suspensions. But many of these payouts were cancelled as a precaution, rather than a necessity and we are now starting to see dividends reinstated as companies gain confidence in their ability to operate through the pandemic.
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