{"id":21959,"date":"2024-01-30T11:10:20","date_gmt":"2024-01-30T11:10:20","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=21959"},"modified":"2024-01-30T11:10:55","modified_gmt":"2024-01-30T11:10:55","slug":"global-dividend-update","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2024\/01\/30\/global-dividend-update\/","title":{"rendered":"Global dividend update"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>A new study<\/strong><strong><sup>1<\/sup><\/strong><strong> analysing global dividend trends has highlighted that, in the third quarter of last year, 89% of companies chose to maintain their dividend levels or raise them. Despite this, it was noted that during the quarter, global dividends reduced by 0.9% (on a headline basis) to total $421.9bn.<\/strong>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>The underlying growth of dividends, paid by the world\u2019s 1,200 largest firms measured by market capitalisation, was recorded at 0.3% in Q3 2023; this follows adjustments for the strengthening US dollar and for special dividends. Interestingly, the overall growth rate was <em>\u2018significantly impacted\u2019<\/em> by a diminutive number of large dividend cuts; the report noted that <em>this \u2018masked encouraging growth across the wider market.\u2019<\/em> If you exclude the two largest dividend reductions, for example, underlying growth was 5.3%.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>From a year-on-year perspective, the 2023 headline forecast has been reduced from $1.64trn to $1.63trn, also reflective of reduced special dividends and a stronger US dollar, and <em>\u2018not a cause for concern,\u2019<\/em> according to the report. Head of Global Equity Income at Janus Henderson, Ben Lofthouse, signalled that, <em>\u201cdividend growth from companies generally remains strong across a wide range of sectors and regions,\u201d<\/em> adding that the data highlights <em>\u201ca globally diversified income portfolio has natural stabilisers,\u201d<\/em> as sectors in ascendance are <em>\u201cable to counteract those with declining dividends,\u201d<\/em> before concluding, <em>\u201cDividends are typically much less volatile than earnings over time, providing comfort in times of economic uncertainty.\u201d<\/em>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>Janus Henderson, 2023&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.<\/strong>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A new study1 analysing global dividend trends has highlighted that, in the third quarter of last year, 89% of companies chose to maintain their dividend levels or raise them. Despite this, it was noted that during the quarter, global dividends reduced by 0.9% (on a headline basis) to total $421.9bn.&nbsp; The underlying growth of dividends, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":21960,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/21959"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=21959"}],"version-history":[{"count":4,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/21959\/revisions"}],"predecessor-version":[{"id":21964,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/21959\/revisions\/21964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/21960"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=21959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=21959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=21959"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=21959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}