UK dividends soar to record high in 2017 but beware '2018 hangover'

Mining sector reported 162% rise in dividend payments

Laura Dew
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A resurgence in mining stocks boosted dividends in 2017
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A resurgence in mining stocks boosted dividends in 2017

UK headline dividends beat expectations to climb to a record high in 2017 of £94.4bn, a increase of 10.5% year on year, but strengthening sterling in the fourth quarter meant "gains turned to losses", which could be an indicator of trends in 2018.

According to the latest quarterly survey from Link Asset Services (formerly Capita Asset Services), headline dividends were up from £85.4bn in 2016 to £94.4bn and underlying dividends, which exclude special...

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