[News Focus] Why Kim Jong-un spotlights mothers
Korean students outperform OECD average amid pandemic havoc: data
LG Display launches voluntary redundancy program in efficiency drive
‘Korea could go extinct without proper immigration policy’: minister
S. Korea, US, Japan to discuss regional security issues: White House
[Graphic News] Global dividends hit record $568b in second quarterBy Nam Kyung-don
Published : Sept. 19, 2023 - 08:00
Dividends paid by the world’s biggest listed companies soared to a record $568.1 billion in the second quarter, with payouts to shareholders expected to grow further despite economic uncertainty, a study showed.
Payments by the 1,200 biggest public companies rose more than expected, increasing by 4.9 percent compared to the same April-to-June period last year, according to the report by asset management firm Janus Henderson.
Banks accounted for half of the world’s dividend growth as their margins were boosted by interest rate hikes, the report said.
Automakers represented one-seventh of the increase.
Firms in Europe, excluding Britain, led the pack with payouts rising by 9.7 percent to $184.5 billion. North American companies paid out $165.3 billion, a 4.2 percent increase. (AFP)
S. Korea eyes chip alliance with Netherlands
SK carries out complete reshuffle of top brass
Suneung without 'killer questions' still not easy, results show