Futures Show European Dividends May Drop at Highest Rate
This article is for subscribers only.
Dividend futures for Europe’s biggest companies expiring in two years dropped to the lowest level compared with next year’s contracts amid concern the debt crisis and slowing growth will force reductions in payouts.
Euro Stoxx 50 Index dividend futures expiring in 2013 are 14 percent lower than those for 2012, data compiled by Bloomberg show. The difference between the contracts was the highest ever on Aug. 10 at 17 percent.