The group paid an extremely high dividend in 2022.
(Photo: Bloomberg)
Frankfurt, Dusseldorf Despite inflation, interest rate increases and war: Shareholders can look forward to rising dividends again this year. British wealth manager Janus Henderson expects companies to pay out $1.6 trillion worldwide – that would surpass the record $1.56 trillion achieved in 2022. The study is available to the Handelsblatt.
Michael Clarfeld, fund manager at US equity specialist Clearbridge, explains: “Despite the deteriorating economy, the outlook in terms of dividend growth is positive.” Companies had sufficient cushion to continue paying dividends despite slowing or even negative earnings growth to increase.
In 2022, however, profit distributions increased even more significantly during the recovery phase after the corona shock. Jane Shoemake, equity specialist at Janus Henderson, said there was “limited room for dividend growth” this year.
In the case of energy companies in particular, she is skeptical as to whether they can further increase their dividends. She sees opportunities for this in other sectors and countries.
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