Last year saw many firms suspend or halt their dividends. Times were tough, and uncertain, and companies needed to make cuts. Though we are hoping for better now, there is still much uncertainty surrounding Covid-19, vaccines, and the economic impact of lockdowns. With all this to worry about, here is what to look for when selecting dividend shares this year.
My top three criteria for dividend shares in uncertain times
Many of my normal rules for selecting dividend shares go out the window when times are risky. However, some become more important than ever. Even in these uncertain times, there are strong companies out there performing well. Some of these firms pay dividends. If their shares are trading at lower prices now, then it may be possible to lock in high yields.
Reduce risk with big blue chip stocks
In risky times, when looking to invest for income, this is … Read more