HSBC regains crown as top UK dividend payer for first time since GFC

Overall UK dividends down 3.7%

Cristian Angeloni
clock • 3 min read

HSBC has topped the list of UK dividend payers for 2023, a spot it has not held since 2008, after fully restoring its quarterly payouts last year.

Data from Computershare's Dividend Monitor published today (25 January) revealed 2023 marked the second consecutive year in which banks made the largest contribution to UK dividend growth, with payouts rising by almost a third to £13.8bn. European dividend payouts forecast to rise by 6.5% in 2024 Last year, banks also overtook any other sector in terms of dividend payments, an event that has not occurred since before the Global Financial Crisis, Computershare noted. However, overall UK dividends fell by 3.7% to £90.5bn over 2023, due to a decrease in one-off special dividends, alth...

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