Shell is the latest U.K. company to slash dividends “” here’s where income-starved investors can turn

Shell is the latest U.K. company to slash dividends “” here’s where income-starved investors can turn

Shell is the latest U.K. company to slash dividends - 's where income-starved investors can turn. Royal Dutch Shell became the latest FTSE 100 company to cut its dividend amid the coronavirus pandemic on Thursday, dealing another blow to income investors already impacted by a dwindling pool of investment options.. "It is not surprising that in this period of lockdown companies are looking to preserve capital, but investors need to remember not to rely solely on one sector or region for their income as it can easily be impacted by events such as these," said Helen Bradshaw at fund management group Quilter Investors.. The figure includes 41 companies in the FTSE 100," he said.. ETF provider GraniteShares has reviewed dividend announcements from U.K. listed companies for the period March 19 to April 20, and found that around 92% involved canceling or suspending payments.. In total there were around 176 dividend announcements during this period, with 162 companies canceling or suspending, and just 14 making payments, although some of these were reduced.. Fund pick: Schroders Asian Income fund. Real Estate: "Despite the U.K. shutdown calling into question the rental income streams for most companies in the sector and many