Argonautica

Professional investors can review published thought leadership and market updates from the Argonaut Investment Team.

1 post found for 01 April 2020

‘Dividends in peril: where now for equity income?’

News that UK banks will now freeze shareholder returns - following a Bank of England warning - will pile further misery on investors relying on income from dividends to fund their retirement. With yields on cash and government bonds at record lows, the case for equity income should, based on historic yields, be more compelling than ever. However, the equity investor is the fall guy in any crisis: the owners of the business are the last in the queue to be paid; and even if there are surplus profits,…