Mid-sized firms that slashed dividends but are expected to grow them by more than 10 per cent this year and next are revealed in new research from wealth manager Canaccord Genuity.
The 12 firms, all predicted to yield more than 4 per cent in 2022 based on consensus forecasts by City analysts, are dominated by financial, housebuilder and travel stocks.
The FTSE 250-listed broker Investec, with a forecast yield of 14 per cent next year, doorstep lender Morses Club and aircraft leasing company firm Avation top the list.
They are accompanied by an AIM-listed firm with similar potential, the development finance specialist Urban Exposure.
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