Oil companies prop up UK dividends and investors heed commodity headwinds

UK Link Dividend Monitor

clock • 2 min read
Mid-cap dividends climbed faster than the top 100 companies
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Mid-cap dividends climbed faster than the top 100 companies

UK dividends paid £14.2bn in the first fiscal quarter of this year, down 24.9% compared to Q4 2021, according to the latest UK Link Dividend Monitor, though readjusted for one-off dividends and BHP’s departure from the UK market, levels jumped 12.2% to £13.3bn.

According to Link, the biggest contributor over the period came from the oil sector, which was up 29%, while all other sectors delivered increased payouts as well. Mid-cap dividends climbed faster than...

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