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Shareholder payouts hit a record $1.7 trillion last year as bank profits surged - TL;DR CNBC

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

Publishing timestamp: 2024-03-12 20:01:01


Summary

Global dividend payouts hit record $1.66 trillion in 2023, with 86% of listed companies increasing or maintaining dividends. Banks saw record payouts due to high interest rates, but large cuts from major companies diluted global growth. Europe was a key engine of growth, with expectations for total dividends to reach $1.72 trillion in 2024.


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Keywords: londoneconomic eventsbreaking news: investingcanadamarketsinvestment strategymexicorio tinto plcbreaking news: marketspetroleo brasileiro sa petrobraswall streetunited statesintel corpbhp group ltdbanksgermanydividendsjanus henderson group plcfranceitalyindonesiahsbc holdings plcat&t incbusiness news

Source: https://www.cnbc.com/2024/03/12/shareholder-payouts-hit-a-record-1point7-trillion-last-year-as-bank-profits-surged.html


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