Dividend payments surged more than 46% last year
Dividend payments from UK-listed companies surged more than 46% last year, boosted by bumper payouts from mining and banking sectors
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Dividend payments from UK-listed companies surged more than 46 per cent last year, boosted by bumper payouts from the mining and banking sectors.
Firms paid £94.1billion in dividends in 2021, similar to mid-2017 levels, according to tech firm Link Group.
The rebound was helped by a record £16.9billion in one off special dividends.
Surge: Firms paid £94.1billion in dividends in 2021, similar to mid-2017 levels
Underlying dividends rose nearly 22 per cent to £77.2billion.
Booming profits at mining firms accounted for nearly a quarter of the total figure.
Bank payments were restored following a suspension during the pandemic.
Link Group forecasts a 7 per cent fall in payout growth year-on-year to £87.5billion.