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UK banks paid out nearly £14 billion in dividends last year, more than any other sector as shareholders pocketed more cash while higher borrowing costs soared, according to new analysis.
HSBC dominated UK dividend payments over 2023, global financial services firm Computershare found.
Between them, banks handed out £13.8 billion in dividends, meaning cash generated from profits that is awarded to shareholders.
It was nearly a third higher than the total the previous year and marked the ...
>>> Read more: Banks dish out more cash to shareholders than any other sector
HSBC dominated UK dividend payments over 2023, global financial services firm Computershare found.
Between them, banks handed out £13.8 billion in dividends, meaning cash generated from profits that is awarded to shareholders.
It was nearly a third higher than the total the previous year and marked the ...
>>> Read more: Banks dish out more cash to shareholders than any other sector
