Dividends are the new lightning rod for political anger

Irish Times | Apr 3, 2020 at 5:50 PM
  • For Thomas Schuessler, co-head of equities at €767 billion (€711 billion) asset manager DWS and portfolio manager of DWS Top Dividende, axing those payments is a “logical consequence” for companies facing a “severe earnings collapse”.
  • A survey by Boston Consulting Group of US 150 investment companies that together manage $7tn in assets found that 59 per cent were comfortable with companies not maintaining dividends in the near term.
  • It is a view echoed in part by Mirza Baig, global head of governance at Aviva Investors, the £356 billion UK asset manager.