Dividends are falling due to the pandemic but may still offer attractive income compared to corporate bonds. : Dividends are falling due to the pandemic but may still offer attractive income compared to corporate bonds. The economic fallout of Covid-19 has wreaked havoc for income-seeking investors. Across the globe, interest rates have tumbled to record lows and equity dividends have been drastically cut. For example, this year dividends per share are expected to fall by 16% to 36% across the globe compared with 2019, with the UK and emerging markets (EM) among the worst affected regions.