Dividend payouts in the UK dropped by 8% last quarter to £25.6 billion, with cuts in mining and utilities sectors contributing to the decline. However, excluding the mining sector, underlying growth was 2.6%, driven by share buybacks and a stronger pound. Despite downgraded full-year forecasts, UK equities still offer income opportunities with a 3.7% yield expected over the next 12 months, potentially increasing due to developments in the oil and mining sectors.
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Billionaire David Tepper Sold 97% of Appaloosa's Nvidia Stake and His Entire Position in AMD in Favor of This Trillion-Dollar Artificial Intelligence (AI) Stock
The rise of the internet over 30 years ago marked a significant growth opportunity for corporate America, and investors are now anticipating a similar transformation with the evolution of artificial intelligence (AI). Companies are investing heavily in AI technologies, with PwC estimating a 26% increase in global GDP by 2030 as a result of AI advancements. Explain It To Me Like I'm 5: Big companies are excited about new technology called artificial intelligence, which can...
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