Vanishing Dividends
Every week brings news of a major company cutting or suspending its dividend: this week, it was BT. For investors who rely upon dividends for income, the search for a reliable, sustainable dividend becomes ever harder.
There are no shortage of commentators who believe that most companies should be putting dividends on hold now. Certainly, the story of Easyjet paying out significant dividends on the same day as it requested a bail out from the government struck many as irresponsible. When ...