Business
Why ASX dividend shares are still king in 2020 – Motley Fool Australia
Why ASX dividend shares like Telstra Corporation Ltd (ASX: TLS) can still outperform growth shares despite some challenges in 2020.
2020 has been a tough year for ASX dividend shares. The coronavirus pandemic has crimped economic growth and triggered recessions across the world.
We saw many Aussie companies slash dividends in the August earnings season as cash flow dried up. However, despite the challenges, I think ASX dividend shares are still king in 2020.
Why investors are selling ASX dividend shares
Finance theory tells us that dividends are ‘sticky’. All that really means is that companies tend to avoid cutting divid…
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