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Friday, March 1, 2019

Help-to-buy scheme pushes housebuilder dividends to £2.3bn

Flagship policy of former government drives up firms’ profits along with house prices

Britain’s biggest housebuilders paid out £2.3bn in dividends in their most recent financial year, as the help-to-buy subsidy pumped up their profits and house prices.

The nine biggest housebuilders listed on the London Stock Exchange declared the dividend payouts in their last full financial years, according to an analysis by AJ Bell, an investment platform.

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