Dividends sharply up since GFC
Janus Henderson has identified a strong trend in dividends paid out by international companies since the peak of the global financial crisis a decade ago.
Since 2009, the data suggests dividends paid by companies in North America have increased by 148%, in Japan by 144%, and the rest of Asia by 162%. Emerging markets dividends increased by 90.7%, while from Continental Europe they were up 47%. In the UK, they grew by 74.5%, with total payouts to shareholders of UK listed companies of some £94bn in 2017.
The Janus Henderson Global Dividend index analyses dividends from the 1,200 biggest companies globally. Last year these companies paid some £860bn (€973bn) collectively in dividends.
The top 10 dividend paying companies globally alone paid out over $120bn (€102bn) in dividends in 2017, the data suggests.
Delving into the dividend trends further, it suggests that holders of UK shares receive almost a third of income from oil and mining companies, twice the average across all markets. UK shares provide little income from industrial sector and technology companies.
Source: Link Asset Services UK Dividend Monitor 2018; HINT, Janus Henderson Global Dividend Index 2018
Top 15 International Dividend payers: 2017
Source: Janus Henderson Global Dividend Index
Source: Link Asset services Dividend Monitor
Source: Janus Henderson Investors Edition February 2018