Dividend payouts forecast to hit record highs in 2023

AJ Bell data

Total dividend payments from the FTSE 100 are forecast to hit a new record in 2023, with a predicted £85.8bn heading to investors, according to AJ Bell.

Even as profit growth is expected to slow in 2023 (and grind to a halt in 2024), key sectors such as oil and gas are set to continue strong dividend payouts throughout next year. Meanwhile, total dividend pay for 2022 is predicted to reach £79.1bn, above 2021's total of £78.5bn but below 2018's record £85.2bn. This predicted 2022 dividend payout would mean the FTSE has yielded 3.8% this year. Hunt's dividend and CGT 'tax raid' unlikely to skew investor behaviour Russ Mould, investment director for AJ Bell, explained: "Concerns over increases in input costs, interest rates (a...