Goldman Touts ‘Safe’ Bets When S&P 500 Dividends Set to Drop 25%

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Goldman Touts ‘Safe’ Bets When S&P 500 Dividends Set to Drop 25%

30/03/2020 By 0 3

Dividends from corporate America are poised to tumble this year, but there are pockets of promise for investors looking for safe income, according to strategists at Goldman Sachs Group Inc. While payouts among S&P 500 companies could drop 25% this year, paced by energy and consumer-related companies, banks like Wells Fargo & Co.