Weaker profits knock UK's 3Q dividends ahead of record 2014


LONDON: British companies posted lower than expected dividend growth in the third quarter, with total payouts for the year now set to be below 2012's record level, a study showed on Monday.

However a one-off windfall from Vodafone's special dividend, following the sale of its stake in Verizon Wireless to Verizon, should see the 2014 total top 100 billion pounds ($161.48 billion) for the first time since Capita Asset Services conducted its dividend monitor.

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