Large one-off payouts helped push UK dividends to a first quarter record of £19.7bn, with UK dividends averaging a near-historic high, rising 15.7% to a yield of 4.6%, according to the latest quarterly dividend monitor from Link Asset Services.
The growth was primarily the result of very large one-off special dividends, such as mining firm BHP's £1.7bn payout, making up for slower-than-expected growth in underlying dividends, which rose by just...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
Latest Incisive Works research
In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
How are VCTs and EIS products doing?