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

2

Replies

  • edited 24 March 2020 at 3:54PM
    MaxiRobriguezMaxiRobriguez Forumite
    1.7K Posts
    1,000 Posts Second Anniversary Name Dropper
    ✭✭✭
    edited 24 March 2020 at 3:54PM
    I'm expecting most of the companies I hold in my S+S ISA to cut their dividends, which is a shame since I bought them for precisely their security of dividend but so be it. I'll just be happy if they all get through this.
  • EdGasketTheSecondEdGasketTheSecond Forumite
    2.6K Posts
    1,000 Posts Third Anniversary Photogenic Name Dropper
    ✭✭✭✭
    Declared dividends for FY19 are most likely safe. 
    No, there are lots of dividends already declared being cancelled and not put to a vote at the AGM of the company.

  • ThrugelmirThrugelmir Forumite
    83.9K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭✭
    Declared dividends for FY19 are most likely safe. 
    No, there are lots of dividends already declared being cancelled and not put to a vote at the AGM of the company.

    Let's see. Both have strong balance sheets. 
    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
  • edited 25 March 2020 at 12:46AM
    ThrugelmirThrugelmir Forumite
    83.9K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭✭
    edited 25 March 2020 at 12:46AM
    Whitbread
    Forterra 
    Grafton Group
    Taylor Wimpey.
    Shaftesbury
    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
  • badger09badger09 Forumite
    9.6K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    ✭✭✭✭
    @ Thrugelmir

    I'm sure many will find this thread very useful, but might I suggest that you add new companies to the 1st post, rather than list them in separate posts. Otherwise, the thread could become very long indeed and it would be necessary to read every post so as not to miss anything
  • edited 25 March 2020 at 4:19PM
    ThrugelmirThrugelmir Forumite
    83.9K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭✭
    edited 25 March 2020 at 4:19PM
    Not going to update further. The extent of the crisis is now very apparent. Rippling out financially through the vast majority of listed UK companies. Focus will turn instead those companies that maintain dividend payouts. 
    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
  • Username999Username999 Forumite
    536 Posts
    500 Posts First Anniversary Name Dropper
    ✭✭
    One person caring about another represents life's greatest value.
  • PrismPrism Forumite
    2.9K Posts
    1,000 Posts Third Anniversary Name Dropper
    ✭✭✭✭
    Ouch yes. Difficult to know if these dividend cuts will recover over the coming years - I saw an estimate saying around a third will not bounce back. Re-emphasises to me how income or natural yield should only be a part of an investment strategy.
  • edited 14 April 2020 at 11:43AM
    DiggerUKDiggerUK Forumite
    5K Posts
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ✭✭✭✭
    edited 14 April 2020 at 11:43AM
    It seems that cash is king for whoever holds it. With dividends being withdrawn from payment however, it makes the investors peasants, and the company a tyrant.
    I don't see investors taking this quietly. It also shows how much borrowings are being rejected in favour of management turning 'Sheriff of Nottingham' to raise liquidity. 

    One question I can't answer is how is this being done without agreement at AGM's? Am I right in thinking we have some people who "think its all over" when it hasn't even begun.?

    Pension companies and those relying on these payments for their personal pensions, must be panicking about what happens to pensions payments if dividends are not handed over..._
  • ThrugelmirThrugelmir Forumite
    83.9K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭✭
    Companies aren't holding war chests full of cash. Totally the reverse. Many have high levels of borrowings. Much of which was built up using cheap debt to fund buybacks. There's more Corporate debt now than at the time of the GFC in 2006-2008. Finding companies that will continue to pay dividends whatever. Is similar to panning for gold. With nuggests getting smaller as yields fall. 
    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
This discussion has been closed.
Latest MSE News and Guides

Lloyds Bank wrongly declares customer dead

Account was closed due to a misreading

MSE News

Cheap home insurance

Grab 100+ buildings insurance quotes & cashback

MSE Guides

£12 for 1L Baileys

Available at Tesco, Morrisons & Asda

MSE Deals