UK equity income shares have been very fruitful. UK company dividends totalled a record £87.7bn in 2017, a 10.4 per cent increase on the year before and the fastest rate of growth since 2012, according to Link Asset Services. The devaluation of sterling following the outcome of the 2016 European Union referendum boosted payouts as the majority of FTSE 100 dividends are denominated in dollars or euros.
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