dividends wobble with 40 percent cuts

Dividends wobble with 40% cuts

From a record high in the first quarter of 2019, dividends were knocked by some high-profile cuts in May. Recent dividend announcements have been an unwelcome reminder for some investors that peaks also have downsides. Dividends matter to investors in UK shares. The UK stock market has historically been one of the higher yielding of the world’s major share markets. For example, on 24 May the average dividend yield in the UK, based on the FTSE All-Share Index, was 4.26% against just 1.94% across the Atlantic, as measured by the S&P 500 Index…