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Global dividends hit record in first quarter as companies shake off macro worries

Updated : May 20, 2019 06:37 AM IST

Global dividends rose 7.8 percent in the first quarter to $263.3 billion, matching last year’s growth and pushing the Janus Henderson global dividend index to an all-time high, according to a report by the asset manager on Monday.
The data shows the growing optimism of companies and helps explain equities’ continued appeal in the face of global trade tensions and worries about a global economic slowdown.
US 10-year Treasury bond yields were around 2.4 percent, while Germany’s Bund yields headed back towards 2-1/2 year lows on Friday.
Global dividends hit record in first quarter as companies shake off macro worries
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