Total FTSE 100 dividend payments are expected to grow by 25% in 2021, equating to a total dividend payout of £76.9bn fuelled by a “post-pandemic rebound” of £15.2bn, according to the latest AJ Bell Dividend Dashboard Q2 2021.
The report showed that the FTSE 100 is set to yield 3.7% this year, the first year of dividend growth since 2018, while dividend cover is also improving which, at 1.83 times, is its highest level since 2014. The forecast total dividend payout for 2021 of £76.9bn is up from £61.5bn in 2020 and equates to a 25% or £15.2bn post-pandemic rebound, with analysts forecasting a more modest £2.9bn or 4% increase in 2022, AJ Bell said. UK dividend decline slows as sectors restart payments Russ Mould, investment director at AJ Bell, said: "Total payments peaked at £85.2bn in 2018 and even 202...
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