Rathbone Income eyes leaner dividend growth in 2022 after bumper year

Outsized one-off payments to dissipate next year

Mike Sheen
clock • 2 min read
Carl Stick, fund manager and executive director at Rathbone Unit Trust Management
Image:

Carl Stick, fund manager and executive director at Rathbone Unit Trust Management

The return of banking dividends, higher oil prices and enormous special payouts from the mining sector have marked a notable return to form for UK equity income, but investors should prepare for a leaner 2022, according to Rathbone Income fund manager Carl Stick.

Rathbone Income saw a 19% cut to dividends paid across its portfolio in 2020 as a result of the impact of the coronavirus pandemic, compared to the 40% suffered by the broader UK market, and Stick is expecting...

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
member?

Login

More on Equities

John Redwood, chief global strategist for Charles Stanley

Charles Stanley's Redwood: Chimerica is so last decade

Both have hit problems in 2022

John Redwood
clock 25 May 2022 • 6 min read
Industry Voice: UK is a rich seam to mine … and not just in commodities

Industry Voice: UK is a rich seam to mine … and not just in commodities

Richard Colwell, Head of UK Equities at Columbia Threadneedle Investments
clock 24 May 2022 • 11 min read
Retail stocks have found themselves under the harshest light from UK short sellers

Short sellers bet against UK retail stocks amid income squeeze

Cineworld is the most shorted UK stock

clock 24 May 2022 • 1 min read
Trustpilot