Global dividends jumped 7.7% to the highest in history of $1.25 trillion in 2017 thanks to the booming world economy, as well as strengthening business confidence, Janus Henderson said today, forecasting new records in the current year.
The biggest hike since 2014 was pushed by growth across all regions and nearly all sectors demonstrating the highest figures in 11 countries, one of investment manager’s said. Janus Henderson’s projection for this year’s dividend growth rate is unchanged – 7.7%, which would get the total figure to about $1.35 trillion, while economic expansion holds steady even with volatile markets.
Bigger earnings and strong cash flows are allowing firms to provide bountiful dividends, Ben Lofthouse of Janus Henderson said. The top payout in 2017 was nearly three fourths higher than in 2009, and is expected to keep gaining.
Royal Dutch Shell pays more dividends than any other company in the world. The second position is taken by China Mobile, which moved up from 19th of the preceding year, Exxon Mobil took the third place, followed by Apple and Microsoft, according to the report. The biggest 20 payers take 15.7% of the overall payments.