Just a note on this company as so many others are cutting or cancelling dividends (Shell…).
It’s worth mentioning that Moneysupermarket maintained its dividend in the 2008-2009 recession even though its profits and cash flow fell.
Looking at the fundamentals, the firm generates a lot of free cash flow, which is the basis of being a reliable dividend payer. It’s also a digital outfit, so might be one of the few companies that won’t cut dividends.
This company is on my watchlist, but let me know what you think or if you see any reason to be bearish.