UK divis hit record high in Q3 after wave of one-off payouts

clock

UK dividend payments hit another record high in Q3 2012, the latest figures from Capita have revealed, although the mood was soured somewhat as it warned it will be "much harder" to make progress in 2013.

UK dividends totalled £23.2bn for Q3, a record quarterly amount, with the figure prompting Capita to upgrade its full-year forecast from £78.3bn to £78.6bn. The figure is a 15.6% rise on 2011's figure, but Capita has warned divis may suffer next year, adding it was paying close attention to the underlying slowdown seen in Q3. The third quarter was the seventh consecutive three-month periods in which dividends rose, but the 10.4% increase was the slowest rate since Q4 2010. The underlying rate of 8.7% (excluding special dividends) was also notably below the 11.5% figure recorded for...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Equities

Investment, Talks Webinar: Changing global patterns can bring new opportunities

Investment, Talks Webinar: Changing global patterns can bring new opportunities

Join Investment Week and Capital Group on the 22nd May at 11am

Hardeep Tawakley
clock 08 May 2025 • 1 min read
Webinar: What's next for equities?

Webinar: What's next for equities?

How can investors navigate the impact of tariffs and a rapidly changing global economy?

Investment Week
clock 08 May 2025 • 1 min read
Will a tech shake-up stop the rise of passives?

Will a tech shake-up stop the rise of passives?

'That kind of built-in safety net is hard to beat'

Laura Suter
clock 18 February 2025 • 2 min read