Oil companies star as dividends surpass third-quarter record
Surging oil dividends drove global pay-outs to £350bn for Q3, the third quarterly record in succession this year
Surging oil dividends drove global pay-outs to £350bn for Q3, the third quarterly record in succession this year
As investors lose faith in UK equities, and against a backdrop of market uncertainty and political turmoil, it remains to be seen what will tempt them back to the sector
Fossil fuels are being shunned by investors, but record payouts mean sector could still worth adding to portfolios
Peak inflation may have passed but it remains significantly above its 2% target
Divesting can take away the option of engaging high-carbon companies to do better
It won’t just hit dependable dividend payers such as oil and gas giants – wind farms would get caught up too
Inflation is expected in an escalation and de-escalation scenario so central bankers have to hold their nerve
But it is ‘premature’ to start talking about a European energy crisis
‘The crawl towards reduced dependency on Russian fossil fuels needs a sharp kick up the backside’
‘You can’t just say, ‘I’m not going to give BP capital because they are a part of the problem’’
Just 36% of UK equity income funds hold Shell in their top-10 compared to 65% at the start of 2020
‘This whole situation may well be the catalyst to a faster transition’