Europe Inc dividend at 'high risk' as cash dries up - MS

LONDON (Reuters) - Morgan Stanley warned on Thursday that European stock dividends are at a "high risk" and companies are entering cash preservation mode in light of the ongoing coronavirus crisis.Companies have been racing to cut dividends as lockdowns of major European cities such as London, Paris and Berlin, have crushed businesses, drying up their cashflows."In the last week we have noted some high quality dividend stocks, oftentimes with a long and unbroken track record of 'meeting or..