Woodford and Newman shared dividends of £13.8m before closure

Latest accounts show profits fell to £16.2m to 31 March 2019

Interim dividends amounting to £13.8m were paid to Woodford Capital

Interim dividends amounting to £13.8m were paid to Woodford Capital

Neil Woodford and Craig Newman received dividends totalling £13.8m in the 12 months to the end of March 2019, as Woodford Investment Management faced a growing crisis that ultimately led to its closure in October last year.

According to accounts filed by Woodford Investment Management yesterday (6 January) for the 12-month period, interim dividends amounting to £13.8m were paid to Woodford Capital, an unlimited company controlled...

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