UK banks and miners boost dividends beyond expectations in Q2

‘Catch-up’ special dividends buoy payouts

James Baxter-Derrington
clock • 4 min read
Q2 2021's 51% rise in dividends was "significantly better" than expected

Q2 2021's 51% rise in dividends was "significantly better" than expected

UK dividends have risen a “phenomenal” 51% year-on-year, boosted by the return of banking payouts, "catch-up" special dividends and soaring commodity prices, according to the latest Link Group Dividend Monitor.

Q2 2021 marks the first period to be compared to a pandemic quarter and was "always destined" to receive favourable comparisons, however the 51% jump was "significantly better" than Link Group's expectations of a 31% rise, with even the underlying results beating this figure, up 44% year on year. UK dividend decline slows as sectors restart payments A variety of factors boosted the quarter's payouts, including the return of banking dividends, albeit restricted, which added £3.4bn to the UK dividend market, more than the oil, gas and energy and healthcare and pharmaceutical industries ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Investment

Steve Windsor of Atrato Group

Look beyond traditional asset allocation for long-lasting inflation-linked returns

Supermarkets, green energy and housing

Steve Windsor
clock 15 August 2022 • 3 min read
Recession will be the main focus in Q3

How to invest in a recession

Mild recession already priced in

clock 11 August 2022 • 4 min read
All the latest from the world of ESG investing

ESG Blog: UN secretary urged governments to impose windfall tax on 'immoral' energy companies

Round-up of ESG coverage

Investment Week
clock 04 August 2022 • 1 min read