Economic rebound and receding Covid fears allow firms to resume bumper payouts to investors
UK-listed companies announced a combined £7.2bn in dividends and share buybacks on Thursday, as the economic rebound and receding Covid fears allowed firms to resume bumper payouts to investors.
Big oil and miners dominated the dividend bonanza, with mining firm Anglo-American revealing the largest payout, worth a total of $4.1bn, after reporting its strongest half-year profit in the company’s 104-year history. It followed similar moves by Shell, drinks company Diageo and Lloyds Banking Group, which helped round out a bumper day for shareholders.
