Link Group: 'UK recession is already underway'
Up to 51% of dividends could be cut
Mid-cap firms took the greatest hit in Q1, with dividends dropping by 5.9%
Almost half of UK companies have already scrapped £23.8bn in dividend payouts, while a further £23.9bn are at risk, according to the latest Dividend Monitor from Link Group.
The best case scenario for 2020 sees dividends fall by 27%, while the worst case sees a cut of 51%, demonstrating once again the weight of the pandemic's impact on markets. As records continue to tumble,...
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