"Corporate Dividend Payouts Soar to Record $1.7 Trillion in 2023"
Originally Published 1 year ago — by CNBC
Global dividend payouts to shareholders reached a record $1.66 trillion in 2023, with a 5% year-on-year increase, driven largely by the banking sector's record payouts due to high interest rates boosting margins. However, cuts from the mining sector offset some of the gains. Europe was a significant contributor to the growth, with 86% of listed companies globally increasing or maintaining dividends. Janus Henderson expects total dividends to reach $1.72 trillion in 2024, with 5% underlying growth.
