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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