UK income

Majedie UK Income among leavers

Paid shareholders £325m every working day last year

Likely to last until June

Politics at the fore

Good for nominal dividend growth

Fund's passes five-year mark

The government will soon be triggering Article 50 of the Lisbon Treaty and setting the UK on a course to leave the European Union.

Favours pharmaceuticals instead

The precipitous drop in sterling is set to boost dividend payouts from UK blue-chip companies this year. But this should not be taken in isolation by investors as a signal to buy.

Global stockmarkets are still digesting the UK's decision to leave the EU back in June, and while economic data is holding firm, valuations in the UK equity market have polarised with material rises in companies deriving significant profits abroad, reflecting...