Post by account_disabled on Jan 16, 2024 22:42:17 GMT -6
Spanish companies reduced their dividend distribution by 70.3% in the second quarter of 2020 due to the incidence of the coronavirus, making Spain one of the countries with the greatest decreases along with France, Italy and Sweden. This decrease is accounted for in underlying terms , which differ from general terms in that they take into account the distribution of extraordinary dividends, exchange rate fluctuations and temporary effects, among other things.
In Europe as a whole, dividends fell by 40%, equivalent to $66.9 billion (about €56.5 billion at the current exchange rate), according to the latest Global Dividend Index report published this Monday by investment manager Janus Henderson. According to Whatsapp Number List this data, 54% of European companies reduced their payments to shareholders and two thirds of them canceled them completely. Banks accounted for half of the decline, although consumer discretionary and industrials were also severely affected. Among the European countries that reduced their dividend distributions the least, Germany stands out, with 20%, while in Switzerland they remained stable in year-on-year terms.
Globally, dividends were cut by $108.1 billion to $382.2 billion in the second quarter of 2020, a 19.3% decline, the largest since 2009. distributions from all geographical areas except North America, due to the resistance shown by Canada. The report forecasts a 19% drop in underlying rate for this year in global dividends in its most optimistic scenario, which represents a distribution of $1.18 trillion. In the most pessimistic scenario, shareholder remuneration could decline by 23% on an overall basis to $1.09 trillion, equivalent to an underlying decline of 25%, the report adds.
In Europe as a whole, dividends fell by 40%, equivalent to $66.9 billion (about €56.5 billion at the current exchange rate), according to the latest Global Dividend Index report published this Monday by investment manager Janus Henderson. According to Whatsapp Number List this data, 54% of European companies reduced their payments to shareholders and two thirds of them canceled them completely. Banks accounted for half of the decline, although consumer discretionary and industrials were also severely affected. Among the European countries that reduced their dividend distributions the least, Germany stands out, with 20%, while in Switzerland they remained stable in year-on-year terms.
Globally, dividends were cut by $108.1 billion to $382.2 billion in the second quarter of 2020, a 19.3% decline, the largest since 2009. distributions from all geographical areas except North America, due to the resistance shown by Canada. The report forecasts a 19% drop in underlying rate for this year in global dividends in its most optimistic scenario, which represents a distribution of $1.18 trillion. In the most pessimistic scenario, shareholder remuneration could decline by 23% on an overall basis to $1.09 trillion, equivalent to an underlying decline of 25%, the report adds.