Weighing UK Dividend Suspensions

As UK-listed companies in consumer-facing sectors cut or suspend dividends in the wake of the coronavirus pandemic, Colin Morton, portfolio manager, Franklin UK Equity Team, explains why the trend is likely to expand to companies in other sectors. Fears over the coronavirus outbreak have left a heavy toll on global stock prices over the past weeks. Unsurprisingly, this persistent crisis is now starting to take a toll on companies’ dividend policies.