UK dividends rebound 46% in 2021 but remain below pre-covid level

Heavy reliance on miners

James Baxter-Derrington
clock • 3 min read
The mining sector provided more than a third of the total special dividends, contributing £6bn from just six companies.
Image:

The mining sector provided more than a third of the total special dividends, contributing £6bn from just six companies.

UK dividends rebounded significantly on their 2020 lows, with the headline figure jumping 46.1% to £94.1bn, but payouts remain below their pre-covid levels, according to Link Group's latest UK Dividend Monitor.

This figure was boosted by a record amount of one-off special dividends as companies paid out £16.9bn in this format, triple the normal level. The mining sector provided more than a third of the total...

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 UK

Luke Hickmore, investment director fixed income, abrdn

Jubilee economics - how does 1952 compare to 2022?

Some similarities

Luke Hickmore
clock 24 May 2022 • 4 min read
The monthly rise was largely driven by a 2.8% rise in food store sales
UK

UK retail sales jump in April despite inflation at 40-year high

Down 0.3% from previous quarter

clock 20 May 2022 • 1 min read
UK consumer confidence hits record low as the cost of living crisis deepens

UK consumer confidence hits record low as the cost-of-living crisis deepens

Report by GfK

clock 20 May 2022 • 1 min read
Trustpilot