One-off payouts drive UK dividends to £15.6bn in the first quarter


by dailym.ai

dailym.ai— Dividend payments grew 4.9% in Q1, boosted by one-off payouts. Underlying growth was slower at just 2% to £14.7bn. Growth is expected to slow for the rest of the year reflecting sluggish economy

@cityam—UK dividends jump five per cent in first quarter as airlines bounce back. UK dividends grew by 4.9 per cent in the first three months of the year, reaching £15.6bn thanks to one-off special dividends.

The Globe and Mail—Loblaw reports 9.8% quarterly profit boost, hikes dividend 15%. Owner of Loblaws, No Frills, Real Canadian Superstore and Shoppers Drug Mart recorded net earnings of $459-million or $1.47 per share in first quarter

@cityam—Alphabet surges 11 per cent on strong earnings, unveils first dividend payout. Alphabet shares surged in after-hours trading on Thursday after Google's parent company impressed investors with a blowout first-quarter earnings report and initiated a $70 billion stock buyback program alongside its first-ever dividend declaration.