Dividends prove more resilient than earnings in a crisis: research

Dublin-based KBI Global Investors has published research indicating that, contrary to many headlines, dividends have proven resilient during the covid-19 induced financial crisis. In its UK Dividend Monitor for 2Q, LINK reported that 176 companies had cancelled pay outs, with 30 more cutting their dividend - this representing three-quarters of all 2Q payers. Current earnings data being used by companies have a long way to go to reflect reality, with dividends providing a more meaningful barometer, but where there have been dividend cuts, they have come from companies with the weakest ...