The pace of dividends for companies listed in the financial markets around the world has recorded a remarkable increase, as it is expected that this year will witness the return of the momentum of cash dividends again after being obscured by the Corona virus, and the accumulation of provisions by companies, which in turn reduced profits.
According to Arab Net, the cash dividends of companies listed on stock exchanges in the world are expected to rise to about $1.39 trillion, according to the American Janas Henderson Corporation, raising its estimates by about 2.2% than its previous forecast a year ago. This level is about 3% lower than pre-Corona levels.
The cash dividends, which are the profits distributed by companies to their shareholders, fell last year due to the repercussions of Corona and government restrictions imposed on companies, but the strong recovery of the economy, with high growth rates Gross domestic product at constant prices increased by 26.3% in the second quarter, according to data from the Global Distribution Index.
The companies that resumed their dividends totaled $33.3 billion, and accounted for 75% of underlying growth in the second quarter, the report said.
He explained that the cash dividends of listed companies in the world will return to pre-pandemic levels within 12 months.
The report ruled out a repetition of the scenario of the global financial crisis, which greatly reduced the volume of distributions, indicating that the banking system is not currently weak as it was in the past crisis, and therefore will not impede the recovery. current.
The cash dividends of the banks affected the dividends distributions for the listed companies last year, as the banks contributed about half of the decrease in the cash dividends of all the listed companies last year, but the restrictions that were imposed They were filed last year, according to the report.