The Limited Times

Now you can see non-English news...

Dividends and share buybacks are back

2021-05-14T19:57:01.779Z


Despite the drop in their results caused by the crisis, companies intend to take care of their shareholders.


After a year of famine for shareholders, dividends and share buybacks are back.

"The champions of the CAC 40 should pay 41 billion euros in dividends this year

" advance Florian Allain, manager at Mandarine Gestion.

Last year with the health crisis, shareholders had to settle for 28.6 billion euros.

This effort does not make it possible to catch up with the amounts paid before the crisis.

In 2019, CAC 40 companies had disbursed more than 49 billion euros.

However, this is excellent news.

The coupons paid this year are for 2020, a year during which the profits of CAC 40 companies had halved.

Read also: Vilmorin, very dynamic, raises its annual objectives

For Frédéric Rollin, investment strategy advisor at Pictet Asset Management, "

the resumption of dividends is a sign of greater confidence in the future on the part of companies

".

It confirms the scenario on which the markets have been surfing for months, "

that of a sharp recovery in growth.

This article is for subscribers only.

You have 79% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-05-14

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.