(ANSA) – MILAN, AUGUST 24 – In the second quarter of the year, global dividends recorded an increase of 11.3% on an overall basis, setting a new absolute quarterly record of 544.8 billion dollars. This was stated in a study by the Janus Henderson Global Dividend, according to which in the quarter 94% of companies increased their distributions or confirmed them.
Despite the strong economic impact caused by the pandemic, global dividends have exceeded pre-Covid levels. Furthermore, the recovery is so strong that dividends are now just 2.3% below the long-term trend. Janus Henderson thus corrects the annual estimates slightly upwards and currently expects distributions of 1.56 trillion in 2022, with a year-over-year growth of 5.8%.
According to the report, Europe and the UK led dividend growth, showing gains of 28.7% and 29.3% respectively on an underlying basis. The USA, Canada, Switzerland and the Netherlands broke all-time quarterly records and in general the oil, financial and automotive sectors stood out for the increase in dividends.
“More than half of the underlying 72.2% growth in distributions in Italy is attributable to the normalization of bank dividends”, comments Federico Pons, Country Head Italy of Janus Henderson, according to whom “the recovery of the dividend by of Atlantia, which returned to pre-pandemic levels, and the substantial increase in Eni’s distributions. None of the companies in our index made a cut. “
“Dividends in Italy have the potential to mark a record year in euros, although the dollar total will not match the 2021 result due to the exchange rate,” concludes Pons. (HANDLE).