One in five FTSE 350 firms have annual dividend yields of under 1%

A report from ETF provider GraniteShares found that companies in the FTSE 250 are much more likely to have yields of less than 1%, at 23% compared to the FTSE 100 average of 9%, based on current share price and the total dividends declared in the last year. In total, 43 companies in the FTSE 250 have zero dividend yields, while a further 14 have yields of less than 1%. Meanwhile, there are five FTSE 100 firms on zero dividend yields and four on less than 1%. Overall, the annual dividend yield (excluding special dividends) for the FTSE 100 was 3.7%, whereas it was 3.2% for the FTSE 250...