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UK lags behind global dividend growth due to weak pound
Thursday 31 Aug 2017 Author: David Stevenson

$447.5bn

Asset manager Janus Henderson reports a record $447.5bn for second quarter dividends but dividend payments from UK companies fell by 3.5% in the quarter to $32.5bn on a headline basis. This was due to weaker pound, which has been pressured by Brexit.

Once the weak pound, special dividends and the loss of some UK companies from the index are taken into account, UK dividends rose 6.1% on underlying basis.

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