Asset Management

Fund managers see ‘big reset’ for dividends after pandemic spurs 44% plunge

Fund managers who have weathered the Covid crisis are adopting a more positive outlook after dividend payouts slumped last year

Sainsbury's was among companies that restored payouts late last year after earlier suspending them as the pandemic pummelled balance sheets
Sainsbury's was among companies that restored payouts late last year after earlier suspending them as the pandemic pummelled balance sheets Photo: Tolga Akmen/Getty Images

The worst may be over when it comes to dividends.

Last year saw boards suspend or cut dividend payments to shore up balance sheets, leaving the shareholders in some of the UK’s largest companies without a vital source of investment return.

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