"Corporate Dividend Payouts Soar to Record $1.7 Trillion in 2023"
TL;DR
Global dividend payouts to shareholders reached a record $1.66 trillion in 2023, with a 5% year-on-year increase, driven largely by the banking sector's record payouts due to high interest rates boosting margins. However, cuts from the mining sector offset some of the gains. Europe was a significant contributor to the growth, with 86% of listed companies globally increasing or maintaining dividends. Janus Henderson expects total dividends to reach $1.72 trillion in 2024, with 5% underlying growth.
Topics:businessfinance#banking-sector#dividends#finance#global-economy#janus-henderson#record-payouts
- Shareholder payouts hit a record $1.7 trillion last year as bank profits surged CNBC
- New Global Record For Profits Paid Out To Shareholders: Study Barron's
- Global dividends hit record $1.66 trillion in 2023 MarketWatch
- Global corporate dividends hit record $1.66 trillion in 2023 Yahoo Finance
- Dividends Set for Another Record as Aramco, Porsche Lift Payouts Bloomberg
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