Record dividends no match for recession woes gripping market

Even record dividends aren’t tempting investors enough to bet on stocks they see as more vulnerable in a recession.
Mining is one of the sectors that have paid out big dividends and has still seen investors shy away. | Photo: Hendrik Schmidt/AP/Ritzau Scanpix
Mining is one of the sectors that have paid out big dividends and has still seen investors shy away. | Photo: Hendrik Schmidt/AP/Ritzau Scanpix
By Ksenia Galouchko and Michael Msika / Bloomberg

Big dividend payers in the energy, mining and financial sectors have trailed the market this year as investors rotated away from cyclicals into defensive and growth sectors. That’s made dividend yield among the worst-performing investing factors in Europe and the US, according to data compiled by Bloomberg.

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