UK Politics

Ten FTSE 100 firms return to dividend list but huge income deficit remains


Smiths Group PLC (LON:SMIN) is the tenth FTSE 100 firm to restart dividend payments after the widespread scrapping of shareholder payments in the wake of the coronavirus crisis.

The engineering conglomerate said it will return to the dividend list with a 35p per share payment.

READ: Smiths Group adds delayed interim dividend to smaller final dividend after solid performance

This included an 11p per share interim dividend that, back at the end of March, the group said it would not pay as trading at that time was affected “to some extent” by early disruption from coronavirus and this was said to be “accelerating”.

This follows announcements from fellow Footsie constituents BAE Systems PLC (LON:BA.) earlier this month, and Aviva PLC (LON:AV.), Mondi PLC (LON:MNDI), Persimmon PLC (LON:PSN), Smurfit Kappa PLC (LON:SKG) and WPP PLC (LON:WPP) in August and Bunzl PLC (LON:BNZL) in July, also giving details of their planned resumption of shareholder payouts.

Also in July, DS Smith PLC (LON:SMDS) and Land SecuritiRead More – Source