Global dividends reach record high in Q2

Quarterly dividends reached a record $544.8bn last quarter, up 11.3% from last quarter. Europe and the UK were also key drivers of dividend growth, with dividends rising 28.7% and 29.3% on an underlying basis respectively. Underlying growth was even stronger, seeing 19.1% growth once the strength of the dollar and other factors were considered. 94% of firms either raised payouts or held them steady in the last quarter. Deep Dive: Global equity income funds pick inflation winners The recovery from the pandemic has been so strong that dividends now sit just 2.3% below the long-te...