75% of investment trusts can weather company dividend cuts over next year

Companies cancelled £11.8bn in payments so far

David Brenchley
clock • 3 min read

More than three quarters (96) of equity investment trusts with a yield in excess of 1% have enough cash in their revenue reserves to pay at least one year's dividend to shareholders, according to Morningstar/AIC data, despite the fact many companies are cancelling or suspending dividends amid the coronavirus crisis.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot