Dividend payouts drop – does the UK still offer a good income opportunity?

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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