The economic impact of the coronavirus pandemic could wipe up to 35% off global dividends in 2020 in a "worst case scenario" predicted by Janus Henderson Investors, an impact equivalent to around $500bn in payouts.
Janus Henderson's latest Global Dividend Index, published on Monday (18 May), declined to offer a 2020 forecast for overall dividends as "with so much uncertainty… [it] would have little value", but warned the impact of the pandemic for the rest of the year "will be significant" with dividend cuts already announced or likely impending wiping at least 15%, or $213bn, off this year's total pay outs. Market Movers Blog: Warren Buffett sells the bulk of Goldman Sachs holding The fund house's worst case includes all "vulnerable" corporates, taking into account factors like indebtedness, wh...
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