Dividends Set for Another Record as Aramco, Porsche Lift Payouts
- Dividends reached $1.66 trillion in 2023, Janus Henderson says
- Payouts suggest balance sheets resilient to economic downturn
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Global dividends are on course to beat a record $1.66 trillion reached last year, according to a report by Janus Henderson Group Plc., after a raft of companies, including Saudi Aramco and Porsche AG, promised to increase payouts in 2024.
Dividends increased 5% in 2023, a third consecutive record high following a brief decline in payouts during the pandemic in 2020, according to the report. The fund manager expects total dividends to hit a fresh high of $1.72 trillion this year, up 3.9% on a headline basis.