Capita Asset Services has found that a total of £29.2 billion was paid out in dividends by UK companies in the second quarter of this year, the highest level of shareholder payments since 2008.
Underlying dividends accounted for roughly £28.3 billion of total pay-outs; this figure was subsequently pushed up to its full total by special dividend payments. Banks unsurprisingly contributed a great deal, with HSBC hiking its payments and Lloyds paying out a total of £595 million, in its first dividend payment since the close of 2008.
Capita now forecasts that total underlying dividends will reach £84.8 billion in 2015.
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