Pensions UK Says 77% Face Retirement Shortfall as Croda Offers 3.7% Dividend Yield
Updated
Updated · twelfthmagpie.com · Jun 4
Pensions UK Says 77% Face Retirement Shortfall as Croda Offers 3.7% Dividend Yield
1 articles · Updated · twelfthmagpie.com · Jun 4
Summary
77% of people are on track to miss the income needed for a moderate retirement, with Pensions UK putting that target at £32,700 a year for singles and £45,400 for couples.
Only 9% are expected to reach a comfortable retirement, which Pensions UK estimates requires £45,400 for a single person and £62,700 for a couple.
At the FTSE 100’s average 3.04% yield, a £20,000 investment would generate about £608 a year, underscoring how large the savings gap is for most retirees.
Croda International is highlighted as one option because its 3.7% yield comes with 34 straight years of dividend increases and pricing power that management says can fully offset input-cost inflation.
That resilience rests on Croda’s specialty chemicals portfolio, including products protected by more than 1,700 patents and regulatory approvals that make customer switching difficult.