493 LSE-listed companies have cancelled, cut or suspended dividends in 2020

Increase of 48 since 24 July

James Baxter-Derrington
clock • 1 min read

Nearly 500 companies listed on the London Stock Exchange have either cancelled, cut or suspended their dividend payments between 1 January and 23 November 2020, according to analysis from GraniteShares.

Companies spanning the FTSE 100, 250, Small Cap, Fledgling and AIM stockmarkets have all been affected, with 493 firms altering their dividends in the year to 23 November. FTSE 100 dividends fall to lowest level in eight years However, only an additional 48 firms have cancelled, cut or suspended dividends since 24 July, with the vast majority making changes between 1 January and 24 July. More than half of FTSE 100 firms were affected over 2020 (51%), although only a single company's dividend was changed post-July, while 115 FTSE 250 companies have seen dividend disruption across th...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

Trustpilot