Dividend payouts forecast to hit record highs in 2023

AJ Bell data

Elliot Gulliver-Needham
clock • 2 min read

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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

OBR warns 'unsustainable' public debt set to reach 274% of GDP by late 2030s
UK

OBR warns 'unsustainable' public debt set to reach 274% of GDP by late 2030s

Amid Budget Responsibility Act passing

Linus Uhlig
clock 12 September 2024 • 2 min read
Large shareholder urges IWG to ditch London for US listing 'immediately'
UK

Large shareholder urges IWG to ditch London for US listing 'immediately'

Open letter from Buckley CM

Linus Uhlig
clock 11 September 2024 • 2 min read
Tulip Siddiq pledges capital markets reforms to bolster UK economic growth
UK

Tulip Siddiq pledges capital markets reforms to bolster UK economic growth

Speech at the London Stock Exchange

Sorin-Andrei Dojan
clock 11 September 2024 • 2 min read
Trustpilot