These two mining giants are paying out massive dividends

Miners are paying out huge dividends right now, evidence of the capital discipline that has served them well during the current commodities boom. Rupert Hargreaves picks two of his favourite stocks in the sector.

Miners
Boom and bust cycles have been a feature of the mining industry since humans first discovered the dirt beneath their feet might be valuable.
(Image credit: © Getty)

FTSE 100 companies will earn a record £169.7bn in 2022, according to broker AJ Bell. In total, they will return £114bn of this to shareholders.

AJ Bell believes this will be split between dividends (£81.2bn) and buybacks (£32.7bn), although the figures could evolve as the year progresses. As it stands, this will be the second-highest cash return in a single year from FTSE 100 companies.

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.