UK banks and miners boost dividends beyond expectations in Q2

‘Catch-up’ special dividends buoy payouts

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...