Gambling on dividends
Income-hungry investors will need to pick stocks carefully this year. But a dividend drought is not a given
If you’re hoping for dividends to rescue your share portfolio this year, you may be in for a rude awakening.
"I don’t think you are going to get a big cash-flow stream out of the local market this year. I expect that most of the industrial or consumer companies will not pay dividends because most of them don’t have very strong balance sheets," says 36One Asset Management co-founder Cy Jacobs...