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More synchronised global growth boosts dividend payouts in 2Q

Samantha Chiew Published on Mon, Aug 21, 2017 / 4:46 PM GMT+8

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SINGAPORE (Aug 21): Global dividend growth has been steadily increasing in the second quarter this year.

This is all thanks to more evenly spread economic growth as well as banking sector payouts making a comeback after several consecutive years of stress tests that have affected profitability.

In the three months ended June, underlying dividends — excluding special dividends and adjusting for currency movements and other factors — increased 7.2% y-o-y from 2016, recording the strongest quarterly performance since late 2015.

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More synchronised global growth boosts dividend payouts in 2Q