New record for dividends paid worldwide in the first quarter

Disbursements to investors rose 11% to $302.5 billion in the first three months of the year.

The size of dividends paid to shareholders in the first quarter hit a new global record thanks to the strength of the oil and mining sectors and the post-Covid-19 recovery, according to a study published on Tuesday. Investor payouts rose 11% to $302.5 billion in the first three months of the year, a record for the period.traditionally quieteraccording to a report by wealth manager Janus Henderson.

These figures prompt Janus Henderson to revise his 2022 forecast upwards to $1.54 trillion.an increase of 4.6%compared to 2021, which was already a record year. Dividends were hit in 2020 and the first quarter of 2021 by the impact of the pandemic.

The report shows that “Payments have more than doubled» since 2009, year of the creation of the study that measures the evolution of the dividends paid by the 1200 largest market capitalizations. Despite inflation and war in Ukraine, 94% of multinationals have increased or maintained their dividends, the study found. In the United States, this ratio was the strongest at 99%, up from 90% a year earlier.

The oil and mining industry celebrates

All regions posted double-digit growth, but aHowever, noticeable weakness was seen in parts of Asia such as Hong Kong, where lockdowns continue to weigh on the economy“.

In Europe, Denmark’s dividends were much higher than usual, as the Moller-Maersk shipping group’s annual dividend was nearly eightfold.benefiting from the disruption of global supply chains“. The dividend of $7.2 billion for the first quarter is the highest since 2015 and “will likely be one of the top 30 paid this year“.

All sectors posted gains except oil, where dividends rebounded by a third in the first quarter, and mining stood out. Mining companies whose payouts to shareholders are up 29.7%,”will continue to be a strong contributor to growth in 2022, potentially paying more than $100 billion in dividends for the first time‘ says Janus Henderson. Anglo-Australian mining giant BHP is “on track to become the world’s largest dividend payer for the second straight year in 2022“, adds the asset manager.

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