Companies Put Record Amount In Shareholders’ Pockets

In the first quarter of 2024, companies paid a record $339.2 billion in dividends, a 2.4% increase from the same period in 2023, according to a report by asset manager Janus Henderson.

This growth was bolstered by Alibaba and Meta making their first-ever dividend payments, contributing significantly with $2.6 billion and $1.1 billion respectively.

The banking sector, with a 12% increase, was a major driver, while the transport sector saw a decline due to Maersk’s substantial dividend cut.

Regionally, the U.S. set an all-time quarterly record, and Canada and Sweden also broke first-quarter records, Barron’s reported.

read more: https://www.barrons.com/news/companies-put-record-amount-in-shareholders-pockets-report-8c5aa393

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley