UK equity income investing: How to make the most of it during a pandemic

Many of them have proven to be cyclical, far too capital intensive and frankly, have not grown. In desperately striving to provide a return to investors, many such companies have fallen into the trap of over-distributing dividends. These businesses have also often failed to adapt in the face of disruptive change.  Heading into 2020, around 50% of the UK market's collective income was projected to come from just ten companies, many of which had clear vulnerabilities to their business models. The Covid-19 pandemic has brought a swift and brutal reckoning for UK dividends, but the ingred...