By Marc Lichtenfeld The outbreak and attempted containment of COVID-19 has upended the global economy as people hunker down in their homes and wait it out.
The disruption to business is unlike anything we’ve experienced before. As a result, many companies will cut their dividends, as they simply won’t have much or even any revenue in the coming weeks.
For some companies, it will be very difficult to assess whether they will be able to afford their dividends in the near future. Management teams are still figuring out what the landscape will look like for their businesses.
In many cases, they need to conserve cash. In …read more
