Global Dividends to Reach Near-Record Payouts? ETFs to Buy
The pandemic has proven to be less detrimental to corporate profits than expected, thanks to super dovish monetary and fiscal policies.
Global companies are so cash-rich that they are looking to start churning out dividends.
According to a global study by Janus Henderson Investors, as quoted on a Bloomberg article, payouts are expected to touch $1.39 trillion this year, the second-highest total ever.
Janus believes that dividends will touch pre-pandemic highs within a year.
Mining companies remain among the biggest dividends payers, benefiting from the revival in commodity prices. Half of the restored payouts in Europe were from banks, Janus said.
