Dividend payments from UK-listed companies surged more than 46 per cent last year, boosted by bumper payouts from the mining and banking sectors. 

Firms paid £94.1billion in dividends in 2021, similar to mid-2017 levels, according to tech firm Link Group. 

The rebound was helped by a record £16.9billion in one off special dividends. 

Surge: Firms paid £94.1billion in dividends in 2021, similar to mid-2017 levels

Surge: Firms paid £94.1billion in dividends in 2021, similar to mid-2017 levels

Underlying dividends rose nearly 22 per cent to £77.2billion. 

Booming profits at mining firms accounted for nearly a quarter of the total figure. 

Bank payments were restored following a suspension during the pandemic. 

Link Group forecasts a 7 per cent fall in payout growth year-on-year to £87.5billion.

This post first appeared on Dailymail.co.uk

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