Dividends are disappearing as banks and companies hang on to cash

Dividends are disappearing as banks and companies hang on to cash

Banks have already started ditching payments worth billions of dollars, and so have companies in other industries. The cuts are a sign of just how big a hit the coronavirus has been for global businesses, which delivered a record $1.4 trillion in dividends last year. “We’re getting companies suspending or cutting dividends every single day […]

High-dividend stocks suffer as companies delay AGMs

High-dividend stocks suffer as companies delay AGMs

Investors are turning their back on high-dividend stocks, worried that a growing list of companies postponing their annual general meetings is adding to the risks posed to payouts by the coronavirus outbreak.AGMs and corporate reports are being delayed across the...