UK dividends payout in Q1 totals £18.8bn. Will it last?

Monday, Apr 30 2012 by
2

I doubt it . . .

U.K. dividend payouts soared by 25% in the first quarter of 2012 to reach £18.8bn, according to the latest Dividend Monitor report from Capita Registrars, which analyses data provided by Exchange Data International. In total, British firms paid out £3.8bn more than the same period in 2011, making 2012 a record for the first quarter.

The headline total dividend payout for Q1 was boosted by two very large distorting factors. Vodafone and Cairn Energy each paid out £2.2bn in the form of special dividends. Vodafone's reflects the strong performance at Verizon Wireless, in which it owns a 45% shareholding, while Cairn was returning cash to shareholders on the disposal of assets in India.

But will it last?

Capita expects an acceleration in U.K. dividend payouts as the year progresses, providing the eurozone doesn't implode again. Capita has cut its underlying forecast growth rate to 8.2% for the full year to reflect the slower first quarter.

Click For more  


Filed Under: Income Investing,

Disclaimer:  

Steven Dotsch - Managing editor - http://www.dividend-income-investor.com - Guide to Dividend Investing, at: http://www.dividend-income-investor.com/guide-to-dividend-investing/ - Dividend Value Profiles, at:   http://www.dividend-income-investor.com/british-american-tobacco/


Do you like this Post?
Yes
No
2 thumbs up
0 thumbs down
Share this post with friends



    Vodafone Group Plc (Vodafone), is a mobile communications company. Vodafone Red offers consumers and businesses a package with mobile data allowances, unlimited calls and texts, plus cloud and back-up services to secure personal data. Vodafone Cloud allows customers to store their personal digital content, such as contacts, photos and videos in the Vodafone network and to access it on the move from any connected device. Vodafone OneNet integrates landlines and mobiles providing a communication solution. Vodafone Secure Device Manager gives customer a way to manage many of their smart devices. In February 2014, Verizon Communications Inc completed the acquisition of Vodafone Group Plc's 45% indirect interest in Verizon Wireless. In April 2014, Vodafone Group Plc acquired100 %of its Indian subsidiary, Vodafone India Limited (VIL). more »

    Share Price (Full)
    214.15p
    Change
    2.2  1.0%
    P/E (fwd)
    24.2
    Yield (fwd)
    5.3
    Mkt Cap (£m)
    56,621

    Cairn Energy PLC (Cairn) is an independent oil and gas exploration and development company. The Company’s operations are organised based on geographical regions. Its geographical segments include North West Europe- North Sea, Atlantic Margin-Greenland, Atlantic Margin-Morocco and the Mediterranean. The Cairn Energy Group’s operations focuses on new exploration activities in Greenland and the Mediterranean. The Company’s operating subsidiaries include Capricorn Oil Limited, Cairn UK Holdings Limited, Capricorn Energy Limited, Cairn Energy Dhangari Limited, Cairn Energy Karnali Limited, Cairn Energy Lumbini Limited, Cairn Energy Malangawa Limited, Cairn Energy Birganj Limited, Capricorn Albania Limited, Capricorn Spain Limited, Capricorn Greenland Exploration 1 Limited and Capricorn Lady Franklin Limited. more »

    Share Price (Full)
    165.4p
    Change
    2.0  1.2%
    P/E (fwd)
    n/a
    Yield (fwd)
    n/a
    Mkt Cap (£m)
    953.1

    AstraZeneca PLC (AstraZeneca) is a global biopharmaceutical company. AstraZeneca discovers, develops and commercializes prescription medicines for six areas of healthcare: Cardiovascular, Gastrointestinal, Infection, Neuroscience, Oncology, and Respiratory and Inflammation. It has a range of medicines that includes treatments for illnesses, such as its antibiotic, Merrem/Meronem and Losec/Prilosec for acid related diseases. AstraZeneca’s products include Crestor, Atacand,Seloken/Toprol-XL, Plendil, Onglyza, Zestril, Symbicort and Zoladex. The Company owns and operates a range of research and development (R&D), production and marketing facilities worldwide. AstraZeneca operates in over 100 countries, including China, Mexico, Brazil and Russia. In January 2014, Probiodrug AG transferred its experimental cyclin-dependent kinase 9 (CDK9) inhibitor program to AstraZeneca. In February 2014, Bristol-Myers Squibb Co completed the sale of its global diabetes business to AstraZeneca. more »

    Share Price (Full)
    3781.5p
    Change
    23.0  0.6%
    P/E (fwd)
    14.8
    Yield (fwd)
    4.4
    Mkt Cap (£m)
    47,696



      Is Vodafone fundamentally strong or weak? Find out More »


    What's your view on this thread? to Comment Now

     
     
    You are feeling neutral

    Use the £ sign in front of a ticker to turn £VOD into Vodafone PLC

    You can track all @StockoChat comments via Twitter




Stock Picking Tutorial Centre


Related Content
The Vodafone Effect
The Vodafone Effect
Vodafone 14th Mar


Thoughts on the Magic Formula
Thoughts on the Magic Formula
AstraZeneca 21st Dec '13

DRC  Congo K
DRC - Congo (K)
SOCO International 26th May '09

How to measure a fund
How to measure a fund
Ocado Wed 2:48pm


Stock Picking Simplified

Stockopedia takes your stock picking to the next level with cutting edge Stock Reports & Screening tools.


Get started
or Take a Tour to find out more.