Octopus Investments has pinpointed some small and mid-cap stocks it considers to be ‘dividend diamonds’ in a new report.
The newly conceived Octopus Investments Dividend Barometer examines what the firm sees as the lesser-known dividend credentials of smaller companies. Octopus said the UK equity income conversation usually focuses on a narrow set of large companies, with heavy concentration. The report noted that just ten big stocks generate 55% of total payouts in the FTSE 100. "While many of the better known traditional equity income stocks focus on the FTSE 100, there are over 550 dividend paying companies across the entire UK equity market," the report stated. "Many of these outside the FTSE 100 ha...
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