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Delaware Investments Colorado Municipal Income Fund Inc
So far, executives have been trying to hold the line on dividend cuts, but are slowly giving in. As of the end of last week, dividend growth in the S&P 500 has been negative 3% in 2020.
As I talked about in Reopening Too Soon Could Cause Mega-Crash And Depression, the first wave of Coronavirus financial impacts has been bad, but the 2nd wave could be much worse. I am convinced that dozens of companies will throw in the towel and cut dividends rather than continue to raise debt.