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Record annual dividends of £5.5bn from UK investment trusts

Financial Times LogoFinancial Times1 mo ago

Record annual dividends of £5.5bn from UK investment trusts

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Dividends from alternative investment trusts increased 25 per cent to £3.65bn, according to Link.

Equity trusts, historically the core of the London-listed trust sector, proved resilient during the Covid-19 downturn but must now rebuild the cash buffers they tapped to keep up payments to shareholders during the pandemic.

However, shareholder payments from investment trusts that invest in a portfolio of company stocks have flatlined, and are expected to grow more slowly than the market average in the coming year.


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Article Details

Author / Journalist: Joshua Oliver

Category: MarketsFinanceInvesting

Topics: Payments Dividends Investment Trust Trusts Cash Link Year Equity Payouts

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 23:01:57

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 4 minutes read

Article Length: 702 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 19318

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 14h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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