Global dividends are on course to beat a record $1.66 trillion reached last year, according to a report by Janus Henderson Group, after a raft of companies, including Saudi Aramco and Porsche, promised to increase payouts in 2024.
The fund manager expects total dividends to hit a fresh high of $1.72 trillion this year, up 3.9% on a headline basis. Almost half the dividend growth last year came from banks, which rewarded shareholders following a surge in profit from lending.
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