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Woodford’s dividends dry up as former fund house posts annual loss

Accounts published on 30 December show that no dividends were paid, and the former star stock picker's firm made a £4.2m loss

Thursday, 30 December 2021 at 09:17

Woodford Investment Management posted a £4.2m loss for 2020
Woodford Investment Management posted a £4.2m loss for 2020 Photo: Michael Walter/Alamy

Having taken millions in dividends from his eponymous fund empire before its collapse, former star stock picker Neil Woodford has seen payouts dry up from the venture.

Woodford Investment Management closed its doors in October 2019, as it struggled to keep up with redemptions amid a period of poor performance and increasingly high-risk investment decisions.