Dividends despite losses — paying shareholders through the red
Loss-making companies that still paid a substantial dividend — shareholders paid out of reserves, not profit · 488 qualifying · snapshot 2026-07-01
| # | Company | Industry | Dividends paid | Pre-tax loss | Net assets |
|---|---|---|---|---|---|
| 01 | ANNINGTON PROPERTY LIMITED Ministry of Defence residential landlord | Real Estate | £5.38B | £-673,294,000 | £272M |
| 02 | HSBC BANK PLC | Financials | £1.95B | £-119,000,000 | £NaN |
| 03 | CREDIT SUISSE INTERNATIONAL | Financials | £1.80B | £-115,286,720 | £2.26B |
| 04 | VODAFONE GROUP PUBLIC LIMITED COMPANY Multinational telecommunications group | Telecommunications | £1.53B | £-1,655,379,340 | £46.22B |
| 05 | ACTIVISION BLIZZARD UK LTD Video game publisher UK subsidiary | Technology | £1.50B | £-259,668,364 | £1.96B |
| 06 | SIX CONTINENTS LIMITED | Industrials | £1.50B | £-238,000,000 | £2.10B |
| 07 | LAND SECURITIES P L C | Real Estate | £900M | £-108,893,000 | £NaN |
| 08 | ANGLO AMERICAN INVESTMENTS (UK) LIMITED Holding company for mining group | Industrials | £794M | £-3,800,819,733 | £11.14B |
| 09 | ANGLO AMERICAN PLC Multinational mining group | Basic Materials | £768M | £-1,411,139,392 | £21.36B |
| 10 | WESTERN DIGITAL (UK) LIMITED | Consumer Discretionary | £738M | £-91,442,581 | £505M |
| 11 | ITHACA MA LIMITED Oil and gas extraction subsidiary | Energy | £708M | £-16,907,471 | £68M |
| 12 | EMR GROUP LIMITED Multinational metal recycling group | Industrials | £632M | £-2,000,000 | £255M |
| 13 | BRIGHTON STM GROUP HOLDING COMPANY LIMITED Real estate holding company | Real Estate | £547M | £-64,300,000 | £152M |
| 14 | SAINSBURY'S FINANCIAL SERVICES LIMITED | Financials | £400M | £-24,000,000 | £231M |
| 15 | KYOWA KIRIN INTERNATIONAL PLC | Industrials | £360M | £-38,800,000 | £783M |
| 16 | ENTERPRISE OIL MIDDLE EAST LIMITED Shell oil extraction subsidiary | Energy | £360M | £-24,560,000 | £130M |
| 17 | CEDAR ENERGY AND INFRASTRUCTURE LIMITED | Utilities | £328M | £-14,739,000 | £712M |
| 18 | BARRATT REDROW PLC | Industrials | £249M | £-114,100,000 | £3.88B |
| 19 | CENTRICA PLC Multinational energy and services group | Utilities | £237M | £-265,000,000 | £3.49B |
| 20 | GREENCOAT UK WIND PLC | Industrials | £227M | £-192,617,000 | £2.88B |
| 21 | SMURFIT WESTROCK CONSUMER PACKAGING LIMITED | Basic Materials | £214M | £-11,687,655 | £356M |
| 22 | RENEWABLE ENERGY SYSTEMS LIMITED | Industrials | £176M | £-45,484,000 | £371M |
| 23 | BLUEFIELD RENEWABLES 2 LIMITED | Utilities | £175M | £-3,747,420 | £160M |
| 24 | WEYBRIGHT FSL LIMITED | Industrials | £166M | £-87,587,962 | £5.28B |
| 25 | ENERGEAN PLC | Technology | £165M | £-19,758,946 | £106M |
All figures from each company's latest filed Companies House accounts; detailed filers only, with implausible outliers and scale artifacts excluded. Filed accounts lag the present by roughly 12–24 months, and group-vs-parent scope changes can move a figure between filings. Banks and insurers that don't report a turnover line are under-represented on the turnover-based boards.