UK dividends to fall by a third this year: Picking the right stocks for income

2020 will be remembered by UK income investors for decades to come.

This year dividends from UK-listed companies are likely to fall between 30% and 40% according to Link's dividend monitor.   The modern world has never experienced such a rapid fall in economic activity.  This has driven three types of dividend cuts: those that are unaffordable, delayed payments driven by prudence and those driven by the regulator. The cuts are unequally distributed among sectors with banks, industrials and consumer discretionary seeing the greatest number of cuts while pharmaceuticals, utilities and consumer goods companies have proved more resilient.   Triple Poin...