Dividend Cuts: the Repeat Offenders

Plenty of UK companies cut dividends in 2020, but which ones have reduced payouts on multiple occasions in the last 10 years?

James Gard 10 February, 2021 | 9:18AM
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In a hostile environment for UK dividend investors, some companies have managed to maintain or grow their payouts over the past 10 years. Some, like drinks maker Diageo (DGE) have an admirable unbroken run of 20 years of rising dividends. But many firms have struggled to keep up payments to investors amid the economic storm, and 2020 is not the first year that their dividends have been cut. We’ve crunched the numbers to unveil some of the most frequent dividend cutters on the UK stock market in the last 10 years.

The Serial Dividend Cutters

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James Gard  is content editor for Morningstar.co.uk

 

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