UK Equity Income in focus with Artemis Income, November 2023

Nick Shenton, co-manager of the Artemis Income fund, discusses the trend of UK companies over-distributing dividends and the subsequent reset, emphasising the importance of focusing on sustainable cash flow and prudent reinvestment strategies.

Nick shares his perspectives on the wider UK market, highlighting its discounted valuation compared to global markets, particularly the US. He addresses misconceptions about the UK's economic performance post-Brexit before also touches on the impact of share buybacks.

We conclude with why investors should continue holding UK equity income in their portfolios, emphasising the growth potential of equities compared to fixed-income alternatives.