This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG2T0WK_L.jpg
“The record high level of net leverage for the median S&P 500 stock coupled with the ongoing credit market stress means many firms are unlikely to borrow to fund their dividend,” Goldman said in a note.
The U.S. investment bank said it expects a wave of dividends to be suspended, cut, and scrapped over the rest of the year.
