UK Companies that have announced dividend cuts in 2020 (so far)

Thrugelmir

Dividend cuts this year

Announced	Company	Dividend cut/deferral (£m)
23-Mar-20	Bonhill	0.3
23-Mar-20	Go-Ahead	13
23-Mar-20	Stagecoach	22.3
23-Mar-20	Aggreko	46.5
23-Mar-20	Colefax	0.3
23-Mar-20	IWG	41.8
23-Mar-20	Card Factory (2nd)	21.9
23-Mar-20	N Brown	12
23-Mar-20	ITV	216.2
23-Mar-20	Kingfisher	158
20-Mar-20	Marks & Spencer	132.6
20-Mar-20	InterContinental Hotels	120.4
20-Mar-20	Travis Perkins	83.2
20-Mar-20	Johnson Service	8.7
20-Mar-20	JD Wetherspoon	4.2
19-Mar-20	Crest Nicholson	56
19-Mar-20	Playtech	33.9
19-Mar-20	Elementis	26
19-Mar-20	NewRiver Reit	16.5
19-Mar-20	PPHE Hotel	8.5
19-Mar-20	Portmieirion	3.1
19-Mar-20	Gym Group	1.6
19-Mar-20	Shepherd Neame	0.9
18-Mar-20	MicroFocus	165.1
18-Mar-20	McCarthy &Stone	18.8
18-Mar-20	Marston’s	17.8
18-Mar-20	Restaurant Group	12.4
17-Mar-20	Shoe Zone	4
16-Mar-20	William Hill	46.7
11-Mar-20	Costain	12.3
11-Mar-20	Dignity	12.2
10-Mar-20	John Menzies	12.2
26-Feb-20	McColl’s Retail	0.7
25-Feb-20	Hammerson	91.2
12-Feb-20	INTU	62.3
30-Jan-20	Renishaw	5.1
09-Jan-20	Card Factory	17.1
	TOTAL	1505.8

Thrugelmir

Dunelm
Redrow
Greggs

EdGasketTheSecond

RPS the list grows; there's no V shape dip to this one more like L shaped drop and devastation.

Thrugelmir

EdGasketTheSecond said:

RPS the list grows; there's no V shape dip to this one more like L shaped drop and devastation.

The FCA at the weekend requested that all London listed companies delay the publication of results for a period of at least 2 weeks. In order that the considerable disruption of the virus could be considered. There's going to be a slew of bad news in mid April onwards. 

Ceme3000

Thrugelmir said:
There's going to be a slew of bad news in mid April onwards. 

This will be priced in already won't it? 

Prism

Ceme3000 said:

Thrugelmir said:
There's going to be a slew of bad news in mid April onwards. 

This will be priced in already won't it? 

Possibly but there are going to be quite a few people who invested for yield under the assumption the dividends were relatively safe who may now find themselves in a situation that they may need to sell to top up their income. Made especially worse by the fact the the good dividend payers have fallen the worse, mostly being cyclical companies.

EdGasketTheSecond

What's the betting Shell will suspend it's dividend? Must be on the cards.

Username999

EdGasketTheSecond said:

What's the betting Shell will suspend it's dividend? Must be on the cards.

They are "slowing down" the share buy backs.
They were still buying yesterday.

Doubt they will suspend the dividend, cut maybe.

Thrugelmir

Username999 said:

EdGasketTheSecond said:

What's the betting Shell will suspend it's dividend? Must be on the cards.

They are "slowing down" the share buy backs.
They were still buying yesterday.

Doubt they will suspend the dividend, cut maybe.

4th Quarter 2019 dividend was paid yesterday.  
As for 1st Quarter 2020 much will depend on the resolution of the oil wars between Russia\Saudi Arabia and the USA. 

Sue58

I wander if the big paying dividend insurance companies such as Legal & General or Aviva will be next?

Thrugelmir

Declared dividends for FY19 are most likely safe.