Income worries and taxman calling, here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...
Dividend nosedive? Clients may have become worried for their investment income after reading an article in the Telegraph on Saturday that suggested 'dividend cover' on UK equity shares was plummeting. Dividend cover is a key number for equity income fund managers - it is the ratio by which a company's earnings exceed its dividend. A dividend is considered under threat if the cover falls below 1.5. The article showed a chart listing the 'dividend cover' on stocks in the FTSE All-Share dating back 20 years, which indicated it was dropping fast and has already slumped to its lowes...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
