U.K. Dividends Increase to Record in 2011 as BP Resumes Payments

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Dividends in the U.K. increased to a record 67.8 billion pounds ($105.6 billion) in 2011, surpassing their previous high in 2008, as BP Plc resumed payments and mining companies boosted theirs.

Payouts by British companies to shareholders climbed for the first full year since 2008 as dividends advanced in all four quarters, increasing 19 percent from 2010 to set a nominal payout record, Capita Registrars said in an e-mailed statement today, citing data from Exchange Data International.