£400bn paid in dividends by UK companies before coronavirus crisis

Thinktank urges tough conditions on any taxpayer-funded bailouts of struggling firmsBusiness live blog – as it happenedBritain’s biggest companies handed out almost half a trillion pounds in dividends and share buybacks in the years before the coronavirus crisis struck, according to a report warning that the scale of the payouts has undermined their resilience.According to research from the Common Wealth thinktank, around £400bn was paid in dividends and £61bn of cash returned to investors in share buybacks between 2011 and 2018 by the 100 biggest UK companies. Continue reading…
Via: £400bn paid in dividends by UK companies before coronavirus crisis