Income investors face 'leaner year' for UK dividends

Marks & Spencer suffered a huge drop in its share prices after opting for cuts of 26% last month

Mike Sheen
10 June 2019

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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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