Global quarterly dividend payouts worst since global financial crisis
Fund manager Janus Henderson‘s study shows coronavirus crisis hits payouts, but tech titans are fighting back
24 August 2020 - 18:03
London — The coronavirus crisis will see the world's biggest firms slash dividend payouts between 17%-23% in 2020 or what could be as much $400bn, a new report has shown, though sectors such as tech are fighting the trend.
Global dividend payments plunged $108bn to $382bn in the second quarter of the year, fund manager Janus Henderson has calculated, equating to a 22% year-on-year drop which will be the worst since at least 2009...
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