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Coronavirus melts dividends

2020-08-24T18:10:16.605Z


Globally, amounts paid to shareholders plunged 22% in the second quarter.The health crisis has severely cut dividends. In the second quarter, worldwide, shareholders received 382.2 billion dollars, or 108.1 billion less than in the first three months of the year, according to the management company Janus Henderson Investors (1). Dividends have thus fallen by 22%, recording " their biggest quarterly fall since the global financial crisis ", note these specialists. With ...


The health crisis has severely cut dividends. In the second quarter, worldwide, shareholders received 382.2 billion dollars, or 108.1 billion less than in the first three months of the year, according to the management company Janus Henderson Investors (1). Dividends have thus fallen by 22%, recording " their biggest quarterly fall since the global financial crisis ", note these specialists. With the lockdowns, entire swathes of the global economy have come to a standstill.

Read also: Banks: the ECB maintains the dividend freeze in 2020

Listed companies have seen their profits plummet, which naturally spill over into dividends. More than a quarter of companies cut their dividends in the second quarter and more than half cut them altogether ,” says Janus Henderson Investors.

A drop of 45% in Europe

However, the impact is very different depending on the region. In Europe, dividends fell 45% in the second quarter, posting a " staggering " drop of 66.9

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Source: lefigaro

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