Around the world economic output is in decline owing to the outbreak of coronavirus. With less economic activity, most companies are looking at diminished revenues. As a result, investors should expect dividend cuts over the coming year. Below, we take a look at some of the companies on the Dividend Danger Zone screen.
Dividend Danger Zone
A total of seven shares now sit in our dividend danger zone, the highest number since the screen first started at the end of 2017.
Created by Simon McGarry, of Cannacord Genuity Wealth Management, the screen attempts to identify companies at risk of cutting their dividend payment.
Dividend Danger Zone, our dividend watch series, has claimed its second victim since it kicked off at the start of the year.
A few months after it entered our Dividend Danger Zone screen (in June), Stobart Group has cut its dividend. The infrastructure and support services company announced earlier this month that its fourth quarter dividend would be slashed to just 1.5p.
There are two new entrants to our dividend danger zone screen, which picks out shares that may disappoint investors on the dividend front.
Three of the names in our Dividend Danger Zone table are supposed to offer reliable income, but dividends are far from safe.
We update our dividend danger zone screen, which highlights high yielding shares that may not keep their income promises.
Dividend danger zone: Our new dividend watch series has claimed its first victim. Also, six income shares that look shaky.
We update our dividend danger zone screen, which highlights high-yielding UK income stocks that may turn out to be ‘value traps’.
Our screen highlights UK dividend shares that may struggle to deliver on the dividend front in 2018.