HSBC regains crown as top UK dividend payer for first time since GFC

Overall UK dividends down 3.7%

Cristian Angeloni
clock • 3 min read

HSBC has topped the list of UK dividend payers for 2023, a spot it has not held since 2008, after fully restoring its quarterly payouts last year.

Data from Computershare's Dividend Monitor published today (25 January) revealed 2023 marked the second consecutive year in which banks made the largest contribution to UK dividend growth, with payouts rising by almost a third to £13.8bn. European dividend payouts forecast to rise by 6.5% in 2024 Last year, banks also overtook any other sector in terms of dividend payments, an event that has not occurred since before the Global Financial Crisis, Computershare noted. However, overall UK dividends fell by 3.7% to £90.5bn over 2023, due to a decrease in one-off special dividends, alth...

To continue reading this article...

Join Investment Week for free

  • 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 Companies

Amundi in talks to acquire AllianzGI - reports

Amundi in talks to acquire AllianzGI - reports

Joint venture also considered

Sorin Dojan
clock 05 December 2024 • 1 min read
AJ Bell launches £30m share buyback scheme as revenue surges 23%

AJ Bell launches £30m share buyback scheme as revenue surges 23%

‘Record financial performance’

Eve Maddock-Jones
clock 05 December 2024 • 2 min read
Alliance Witan and St James's Place set to join FTSE 100

Alliance Witan and St James's Place set to join FTSE 100

Games Workshop also promoted

Eve Maddock-Jones
clock 05 December 2024 • 2 min read
Trustpilot