Singapore dividend payout slides 11.6% to US$3.8b in Q2
The biggest contributing factor to the fall was special dividends, Janus Henderson Global Dividend Index shows
Singapore
DECELERATION in the world economy is beginning to take its toll on dividend payouts around the world, according to the latest Janus Henderson Global Dividend Index.
In Singapore, US$3.8 billion worth of dividends were paid out in the second quarter of 2019, US$500 million lower than the US$4.3 billion payout in the corresponding period last year. While this represented an 11.6 per cent drop, the underlying dividend growth - which adjusts for special dividends, change in currency, timing effects and index changes - saw an increase of 17.7 per cent. The biggest contributing factor to the headline decrease in total dividends was special dividends.
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