There is no such thing as a risk-free dividend stock. Even companies that have made shareholder payouts without interruption for decades can experience unexpected financial difficulties which cause their dividend payments to abruptly come to an end.
The Dow Jones Industrial Average hit a record 40,000 this afternoon, seen as a major milestone for the index which tracks 30 of America’s top companies.
BT enjoyed its best day on the stock market since the dotcom boom after its first woman boss pledged to cut £3bn of costs and reduce heavy investment in broadband upgrades.