Investors enjoyed a record haul for global dividends in the third quarter, as soaring oil payouts fuelled a 7 per cent rise on the same period last year.
Without the $19.9bn contribution from the oil sector, the global total would have been flat year-on-year, according to the Janus Henderson Global Dividend Index. Total global payouts hit $415.9bn in the three months to the end of September.
“The energy crisis drove a large rise in dividends in the third quarter as oil companies distributed record profits to shareholders,” the asset manager said in its latest dividend report.
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