Divi payouts climb to a record £22.6bn
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Payouts to shareholders by UK companies have soared 18 per cent in the last three months to a record quarterly high of £22.6bn.
The boom has encouraged Capita Registrars, which monitors UK dividends, to raise its forecast for the year by £2bn to an annual cash record of £78.3bn. That would top by 15.1 per cent 2011's record year when payouts from UK companies climbed to £67.8bn. It would also be higher than the pre-crisis peak of 2008 when the equivalent of £77bn was paid out.
The most recent figures have been boosted by a number of one-off special payouts, but there has been marked underlying growth too, according to Charles Cryer, chief executive of Capita.
Some 250 companies paid a dividend in the period, up from 247 in the same quarter last year.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments