Record Q2 dividends paid out by British PLCs

Stat of the day: £23bn. That's how much cash the UK's publicly listed companies paid out in the second quarter of 2012, according to Capita Registrars. It's a record figure.

by Michael Northcott
Last Updated: 09 Oct 2013

The figure reflects a sixth consecutive quarter of dividend growth, and a 21% increase on the half-year total payout from the same period last year, making it the fastest growth in any period since 2007. 

The payouts have been prompted by companies’ reticence about acquiring new companies and assets or embarking on new ventures during tough economic times. A lot of the cash this time around came from one off special dividends from firms such as GlaxoSmithKline, but more generally, firms are simply increasing their payout to keep shareholders sweet while they ride the wave of economic instability.

Forget the recession: this is clearly a bumper year if you’ve got a decent share portfolio…

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