Global dividends rose 12% in the first three months of 2023 to reach $326.7bn, a first quarter record, according to the latest Janus Henderson Global Dividend index.
The increase was largely driven by the booming of special dividends over the period, the company said. However, underlying growth - which strips out special dividends, exchange rate effects and other technical factors - was significantly slower at 3%. Global dividends hit record $1.6trn in 2022 One-off special dividends hit the second highest level on record - only behind Q1 2014 - at $28.8bn, with Ford and Volkswagen accounting for almost a third of the world's Q1 special dividends, Janus Henderson found. In terms of geographies, the US dominated Q1 dividends, with headline gro...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes