The Covid-19 outbreak and subsequent economic fallout have resulted in many companies opting not to pay dividends because their operations have been heavily disrupted or are expected to be disrupted in future.
Some companies, including those with a good track record of paying dividends, have opted not to pay dividends simply because the operating environment is uncertain, and they believe it is prudent to rather preserve cash. Others (such as the banks) have been directed by regulators not to pay dividends in the near term...
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