Investment Banking News
Aussie investors see record dividends in 2022
Janus Henderson says 2022 saw Australian investors receive record dividend payouts. The Janus Henderson Global Dividend Index showed that dividends were at record levels globally in 2022, rising 8.4 per cent to US$1.56 trillion ($2.27 trillion). Adjusting for a stronger US dollar and other factors, underlying growth was even higher at 13.9 per cent.
Australian dividends for the year were $97.7 billion, which was a record in Australian dollar terms. The banking and mining sectors accounted for more than three-quarters of Australian dividends paid in 2022, highlighting Australia’s continued reliance on these areas. BHP led the way for Australian dividends, with the mining company increasing its payouts 8 per cent, even following the full demerger of its stake in Woodside Petroleum.
The rest of this article can be found at investordaily.com.au.