The FTSE 100 is a market index made up of the 100 largest companies by market capitalisation on the London Stock Exchange, and it is usually used as a benchmark to judge the performance of the UK equity market.
The index is also usually a first port of call for income investors.
The FTSE 100’s strong dividend credentials
According to AJBell’s Q1 Dividend Dashboard, 2022 could be the second-best year ever for total FTSE 100 cash returns. AJ Bell is projecting total dividend payouts of £81.2bn in 2022 and a further £32.7bn in share buybacks, although these numbers could change as the year progresses.