FTSE 100 dividends fall to lowest level in eight years

This means the FTSE 100 is expected to yield 3.5% for 2020, rising to 4.2% in 2021. The report revealed that dividend forecasts for the year have fallen by 10% since June to £56.5 billion, largely the result of BP's decision to slash its second-quarter dividend in half. Dividend payments are now expected to fall for two consecutive years before starting to recover in 2021. Russ Mould, investment director at AJ Bell, said: "In total, 35 members of the index have cut, deferred or cancelled payments for 2020 thanks to the Covid-19 viral outbreak and subsequent recession, while 28 have...