ASX dividend investors! Ignore shares in consumer staples at your peril
It’s been a tough year for ASX dividend investors so far in 2020. Former income heavyweights like Transurban Group(ASX: TCL) and National Australia Bank Ltd(ASX: NAB) have substantially slashed their payouts.
Other popular dividend shares like Westpac Banking Corp(ASX: WBC), Scentre Group(ASX: SCG) and Australia and New Zealand Banking GrpLtd (ASX: ANZ) have ‘deferred’ or cancelled their dividends entirely.
The coronavirus crisis has affected most sectors of the economy. This, in turn, has led…