UK share dividends set for three-year high

UK shareholder dividends in 2015 are set to hit their highest level for three years - boosted by the recovering British economy, a report said.

Payouts to UK stockholders on an underlying basis are projected to come in at £84.1bn, 6.4% higher than last year and the biggest figure since 2012, according the latest UK Dividend Monitor from shareholder body Capita Asset Services.