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Quality British stocks retain reliability

18/06/2020 · (MONY)  · Telecom Plus (TEP) 

Coronavirus Dividends UK

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Income Booster stocks Telecom Plus and Moneysupermarket are suffering a COVID-related slowdown, but we think the longer-term outlook is good for shareholders.

Dividends stocks have got a bad name this year as the coronavirus crash has forced many previously reliable payers to cut or suspend their payouts. But there are still some reliable income stocks out there and this week we're taking a look at two such firms, utility reseller Telecom Plus (LON: TEP) and price comparison firm (LON: MONY).

Both of these companies are members of our Income Boosters portfolio, which aims to provide a yield…

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