Income investors face 'leaner year' for UK dividends
Structural and macroeconomic pressures blamed
Marks & Spencer suffered a huge drop in its share prices after opting for cuts of 26% last month
Income investors face a "leaner year" amid further dividend cuts for UK-listed firms, with structural and macroeconomic pressures forcing companies to bring a run of record investor payouts to an end, market commentators have warned.
Vodafone and Marks & Spencer were recent high-profile examples of firms opting for cuts of 40% and 26% respectively in May, leading to punishing falls in their share prices and opening up buying opportunities...
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