UK Housing Meltdown Threatens £9.5 Billion Dividend Bonanza

(Bloomberg) — Britain’s housing meltdown is threatening to end the era of bumper payouts by the country’s largest homebuilders. The four biggest UK homebuilders have doled out more than £9.5 billion ($11.1 billion) in capital return programs since 2011, according to Bloomberg calculations, wooing investors starved of income in the cheap money era. Persimmon Plc,…