Janus Henderson Global Dividend Index - June 2017

Edition 14

Download the latest Janus Henderson Global Dividend Index here. This, the first study of its kind, analyses dividend trends around the world on a quarterly basis.

If you would like to receive further commentary on the Janus Henderson Global Dividend Index, please enter your email address below. By entering your email address and subscribing to the Janus Henderson Global Dividend Index campaign, you indicate your consent to receiving further electronic communications from Janus Henderson Investors about products and services which may be of interest to you. We may also share your email address with third parties to optimise the relevancy of the electronic communications we may provide.

If you do not want to receive such communications, please tick here.
 

What is the Janus Henderson Global Dividend Index?

The Janus Henderson Global Dividend Index (JHGDI) is a long-term study into global dividend trends, and is the first of its kind. It is a measure of progress that global firms are making in paying their investors an income on their capital. It analyses dividends paid every quarter by the 1,200 largest firms by market capitalisation.

Global dividend growth accelerates sharply in Q1

Global dividends rose to $218.7bn in the first quarter, expanding at an underlying rate of 5.4% year-on-year, according to the Janus Henderson Global Dividend Index, a long-term study of global dividend trends. This was the fastest underlying increase since late 2015, and reflected the speedy transmission into company profits of an accelerating global economy. Dividend growth was strong across most industries, and in every region of the world, except Europe, where too few companies make payments in Q1 to discern a trend. Although underlying growth was strong, volatile special dividends were sharply lower, after reaching near record levels in Q1 2016, so on a headline basis, the global total paid in the first quarter was down 0.3% year-on-year.

 

Key Highlights

  • Global dividends surged ahead 5.4% on an underlying basis in Q1, paying $218.7 billion in the fastest underlying increase since late 2015
  • Dividend growth was strong across most industries, and regions of the world, except Europe
  • Sharply lower one-off special dividends impacted the headline figures, resulting in the global total falling 0.3% on a headline basis
  • World economic growth is picking up, supporting higher company profits and feeding into dividends
  • The slight weakening in the dollar means growth around the world is less heavily disguised by the exchange rate
  • Janus Henderson upgrades dividends for the full year and now expects 3.9% underlying growth and 1.5% headline growth, taking its global forecast to $1.176 trillion.

All figures as of 31.03.2017, Henderson Global Investors

Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.

This information does not qualify as an investment recommendation.


Glossary of terms

Headline dividends – The sum total of all dividends received.
Headline Growth – Change in total gross dividends.
Special dividends – Typically, one-off payouts made by companies to shareholders that are declared to be separate from their regular dividend cycle.
Underlying dividend growth – Headline dividend growth adjusted for special dividends, change in currency, timing effects and index changes.

Related funds

ISIN code: LU0264606111A2 Acc USD Currency USD NAV 19.9700 Change 0.4000% Price date 24/07/2017
 
ISIN code: LU0572939261A2 Acc EUR Currency EUR NAV 17.1500 Change 0.3500% Price date 24/07/2017
ISIN code: LU0572939691A2 Acc SGD Currency SGD NAV 27.1800 Change 0.1800% Price date 24/07/2017
ISIN code: LU0572940194A3 Inc EUR Currency EUR NAV 9.2700 Change 0.3200% Price date 24/07/2017
ISIN code: LU0572940350A3 Inc SGD Currency SGD NAV 14.7000 Change 0.2000% Price date 24/07/2017
ISIN code: LU0264605907A3 Inc USD Currency USD NAV 10.8100 Change 0.3700% Price date 24/07/2017
ISIN code: LU0828814094H2 Acc EUR Currency EUR NAV 13.4700 Change 0.3000% Price date 24/07/2017
ISIN code: LU0828813872H2 Acc USD Currency USD NAV 12.6700 Change 0.4000% Price date 24/07/2017
ISIN code: LU0942195586H3 Inc EUR Currency EUR NAV 10.6700 Change 0.3800% Price date 24/07/2017
ISIN code: LU0942195313H3 Inc USD Currency USD NAV 9.1800 Change 0.4400% Price date 24/07/2017
ISIN code: LU0264606624X2 Acc USD Currency USD NAV 18.8100 Change 0.3700% Price date 24/07/2017
ISIN code: LU1059380805A2 Acc USD Currency USD NAV 108.6700 Change -0.0600% Price date 24/07/2017
 
ISIN code: LU1059380391A3 Inc EUR Currency EUR NAV 116.4100 Change 0.0300% Price date 24/07/2017
ISIN code: LU1059380557A3 Inc USD Currency USD NAV 95.8400 Change -0.0500% Price date 24/07/2017

Share

Important message