Dividends will jump this year

DIVIDEND payments from listed companies are set to rocket this year, reversing a two year downward trend.

Payments have been hit by the financial meltdown and the Gulf of Mexico disaster but will spring back this year, according to a new study by Capita Registrars.

Dividend payments will hit £63bn – still lower than the amount paid in both 2007 and 2008 but far above the £56.5bn paid out last year.

BP is one of the top dividend payers in the country and still ranked seventh last year despite making only one payment.