Six rules for income investing during the Covid-19 crisis

Brendan Gulston and Ken Wotton, co-managers of the LF Gresham House UK Multi Cap Income fund, reveal their rules for income investing during the Covid-19 crisis. The list of UK companies suspending shareholder dividends during the Covid-19 crisis grows longer every day. The Q1 Link Group UK Dividend Monitor, published on 9 April, already showed more than 50% of UK dividends for 2020 - representing £50.6bn - have been cut or are at risk of being cut, with just 32% classified as 'safe'. However, aggrieved investors should not simply throw themselves into the last bastions of large-ca...