SINGAPORE (June 7): Global dividends rose to US$218.7 billion ($302 billion) in the first quarter, expanding at an underlying rate of 5.4% year-on-year, according to the latest Global Dividend Index from Janus Henderson.

“This was the fastest underlying increase since late 2015 and reflected the speedy transmission into company profits of an accelerating global economy,” says the asset manager.

Dividend growth was strong across most industries and in every region of the world, except Europe, where too few companies make payments in 1Q to discern a trend.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook