Dividend growth has slowed in recent months, dragged down by FTSE heavyweights. But do not be fooled: some FTSE players are preparing for dividend increases, explains OMGI's Stephen Message.
It has been well flagged that the headline rate of dividend growth has been slowing, certainly over the last six months. UK dividend growth slowed to just 1.2% in the second quarter, according to the UK Dividend Monitor report from Capita. This was the smallest increase in quarterly total since 2010, putting aside an odd dip during one quarter in 2013. With nine of the 20 largest UK dividend payers reporting in dollars, sterling's relative strength against the US currency has negatively impacted many FTSE company profits. That is not to say, however, that investors cannot unearth s...
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