The Orlen Lietuva Refinery in Mazeikiai in of Lithuania Agence France-Presse/Getty Images

One big difference between the U.S. stock market and that of Europe is the culture of dividends.

Stock buybacks aren’t unheard of but they are far less prevalent in the U.S. And without tech superstars, the European market is far more geared toward income investors.

But against the backdrop of the coronavirus pandemic that hit Europe first, it’s increasingly tough to find consistent payers of dividends. Royal Dutch Shell (ticker: RDS.A) shocked the market when it cut its dividend for the first time since World War II, and many companies have scrapped their payouts

Read More At Article Source | Article Attribution