Dividend Investors: Is Coronavirus Stimulus the Next Shoe to Drop?
The stock market has seen immense volatility lately, as investors try to figure out what impact the coronavirus pandemic will have on various parts of the economy. Already, the airline industry has come to a near standstill in response to the restrictions that national governments have put on international travel and the reluctance of domestic travelers to put themselves at any kind of risk of catching the COVID-19 disease.
Airlines have lobbied Washington lawmakers to get relief, and it now looks as though Congress has agreed on a deal that could provide billions of dollars in loans and other financial support to air carriers. However, that aid is almost certain to come with a catch: Those receiving it won't be able to do stock buybacks or pay dividends to shareholders until a year after they've paid back the federal government.
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Source Fool.com
