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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (104551)	2/23/2014 11:09:02 PM
From: elmatador	Respond to of 219763

Global dividends payout: The $1.03trn payout represents an increase of more than 40 per cent on the $717bn in dividends paid in 2009. Dividends from companies in emerging markets last year totalled more than twice their payments in 2009, while the contribution from Europe excluding the UK dropped from almost 30 per cent in 2009 to little more than 20 per cent last year. The strong performance from companies in emerging markets comes even though some of their currencies such as the Brazilian real and the South African rand fell sharply against the dollar last year Global dividend payouts surpass $1tn mark By Alison Smith, Chief Corporate Correspondent Dividends paid out by listed companies across the globe in 2013 totalled more than $1tn for the first time, according to research. Analysis by Henderson Global Investors shows how emerging markets have grown as a source of investor income, even as continental Europe has somewhat faded. It also points to the greater contributions from the financial sector, as banks continue to recover after the credit crunch; and from the technology sector as companies such as Apple respond to increasing pressure from investors to spend some of their cashpiles. The $1.03trn payout represents an increase of more than 40 per cent on the $717bn in dividends paid in 2009. Dividends from companies in emerging markets last year totalled more than twice their payments in 2009, while the contribution from Europe excluding the UK dropped from almost 30 per cent in 2009 to little more than 20 per cent last year. The index is based on dividends paid out in full, rather than just those going to outside shareholders, and so includes payments to governments and families that own large corporate stakes. This contributes to the prominence of emerging markets companies such as China Mobile and China Construction Bank Corporation, which paid $2.7bn in 2009 and $10.4bn last year. Alex Crooke, head of global equity income at Henderson Global Investors, said the group structured the index like that because “we want to capture the income paid out by the world’s largest listed companies, regardless of the shareholder base”. Companies in North America, including ExxonMobil and General Electric, still pay the most in dividends – about one-third of the total – but those in Japan and continental Europe have slipped back in terms of their relative contributions. Mr Crooke said the differing regional performances partly reflect different corporate priorities. “There is a sharp division in markets between those where there is a strong pension culture and so pension funds looking for income – such as Australia, Singapore and the UK – and those where there is a greater emphasis on capital growth, such as continental Europe.” The strong performance from companies in emerging markets comes even though some of their currencies such as the Brazilian real and the South African rand fell sharply against the dollar last year. Financial companies contributed 17 per cent of the 2009 total, but 21 per cent of the larger total last year. “We expect dividends from financial groups to grow further as the banking sector continues to recover,” Mr Crooke said. “We also expect growth in dividends from technology stocks, as more of these become mature and come under heavier investor pressure to pay out like regular companies.” By contrast, utilities contributed more than 8 per cent in 2009, but just 5 per cent last time. “We see utilities still facing challenges in maintaining and increasing dividends. Many of them are under regulatory pressure to keep prices low, and over the next two to three years they are likely to lose some of the benefit that they gained from the low cost of debt,” Mr Crooke said.