Article 578B8 Global dividends plunge by $108bn during Covid-19 crisis

Global dividends plunge by $108bn during Covid-19 crisis

by
Joanna Partridge
from Economics | The Guardian on (#578B8)

Study of world's largest 1,200 companies reveals biggest quarterly drop since records began

The amount paid out by big companies to their investors plummeted between April and June as firms cancelled or cut their dividends to conserve cash during the coronavirus pandemic crisis.

Total shareholder payouts made globally slumped by $108.1bn (82.6bn) to $382.2bn, a fall of 22%.

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