AJ Bell: 2023 'on track' to be third best year for cash returns from FTSE 100

Despite this, AJ Bell's Dividend Dashboard found 2023 is "on track" to be the third best year for cash returns from the FTSE 100, with £83.8bn in forecast ordinary shares and £38.2bn in announced buybacks. The platform noted further buybacks could be announced in the second half of the year, considering only 34 FTSE 100 companies have announced them to date. One in five FTSE 350 firms have annual dividend yields of under 1% The figure was the same as at the end of H1 2022, with 43 the total number at the end of last year. One area of concern, according to AJ Bell, is the key rol...