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Wells Fargo, Boeing, Walt Disney, Occidental Petroleum and Marriott accounted for half of the US dividend cuts by value in Q1
Dividends fell far less in US during COVID-19 lockdowns than in most other parts of the world. The median dividend increase among US companies was 4% in Q1
US dividends expected to show growth this year amid economic rebound
Globally, Janus Henderson forecasts a 7.3% increase in dividend payments in 2021.
One year after the anniversary of the start of global COVID-19 lockdowns, US dividend payments remained resilient, dropping just 0.4% to $127.4 billion in the first quarter of 2021. Globally, dividends were just 1.7% lower than the same period last year, a far more modest decline than in any of the preceding three quarters, all of which saw double-digit falls. Janus Henderson s index of dividends ended the quarter at 171.3, its lowest level since 2017, but growth is now likely.
Dividend Payments Were Resilient In First Quarter, Suggesting Global Recovery In Payouts
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DGAP-PVR: Aareal Bank AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
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By Reuters Staff
2 Min Read
May 14 (Reuters) - Australian shares rose on Friday after falling for three straight sessions, with banking and energy stocks leading gains, following an overnight rebound on Wall Street as easing worries about inflation supported appetite for growth stocks.
The S&P/ASX 200 rose 0.78% to 7,037.5 by 0026 GMT.
Wall Street closed higher overnight, bouncing back from three straight days of selling on upbeat labour market data and as investors snapped up stocks that would benefit from an economic recovery and shrugged off worries about rising prices.
Aussie financial stocks climbed 1.26% with all the ‘Big Four’ banks trading in the black.
AP Pension, following the appointment of
Rasmus Cederholm as the company’s new investment chief last week.
The firm said it had appointed Hemmingsen as deputy CIO – a newly-created role, and Normark Nielsen as its new head of equities, filling the role being vacated by Cederholm, who has been promoted to replace current CIO
AP Pension said that as deputy CIO, Hemmingsen would become part of the management of its investment team, taking on special responsibility for bonds and credit investments. He has worked for the pension fund since 2017 as its head of fixed income, having previously spent eight years at PenSam in various managerial roles including as its CIO.