Global Dividends Plunged by a Fifth in Q2, but the Impact of Covid-19 Varied Enormously Around the World and Across Different Industries
(WorldNews Japan)

Global dividends fell $108.1bn to $382.2bn in the second quarter The headline 22.0% decline (19.3% underlying) was the worst since JHGDI was launched in 2009 All regions saw lower payouts except North America, where Canadian payments proved to be resilient Europe and the UK were worst affected Healthcare and communications dividends proved resistant to cuts, but financials and consumer discretionary payouts fell sharply Janus Henderson now expects headline global dividends to fall 17% in a best-case scenario, paying $1.18 trillion. This equates to a fall of 19% on an underlying basis The worst-case scenario could see payouts drop 23% at the headline level to $1.10 trillion, equivalent to a...