French bank BNP Paribas dividends record heights! With $544.8 billion paid in dividends between April and June, a record is broken.
The French bank BNP Paribas is among the companies that have distributed the most dividends.
The "end of abundance" announced by Emmanuel Macron does not yet affect large companies. They even set a new record for dividends paid in the second quarter, redistributing the colossal sum of $544.8 billion to their shareholders between April and June, according to the Janus Henderson report. The 1,200 companies studied by the asset manager distributed an average of 11% more money than in the same period last year.
French bank BNP Paribas dividends
This increase is taking place even as the appreciation of the greenback over the past few months has mechanically reduced the value of the amounts paid by companies elsewhere than in the United States, all dividends being converted into dollars in the study in order to be able to establish comparisons. Excluding the effects of foreign exchange and extraordinary payments, growth amounted to 19.1%. It is even almost 30% in Europe and the United Kingdom.
Commodities, financial companies and car manufacturers have driven this growth. In the top 10 of the most important redistributors, we find the Brazilian oil tanker Petrobras (1st), the Anglo-Australian miner Rio Tinto (3rd), the German Mercedes-Benz group (5th), but also the French bank BNP Paribas (6th) and the German insurer Allianz (8th). But all companies are affected by the trend: 94% of them have maintained or increased their payments.
French bank BNP Paribas dividends details
With this dynamic, Janus Henderson has further revised up the estimates for the year 2022, with dividends that they believe should reach $ 1.560 billion, an increase of almost 6% compared to 2021. "It is surprising to note that, despite the enormous economic disruptions caused by the pandemic, global dividends are now higher than the record level they reached before the pandemic," the report emphasizes.
But the momentum could run out of steam in the coming months. "It is unlikely that the rest of the year will benefit from such strong growth. Most of the "easy" gains have now been made, as the post-Covid-19 catch-up is almost over," says Ben Lofthouse, head of Janus Henderson's global equities team.
French bank BNP Paribas dividends comment:
In the 10 world champions of dividend payments, there are 4 French women. the dividend rather than wages and investment, a very French harmful doxa.
- well, here you go! for some it is champagne for others it is the end of abundance according to our strategists in power
it is true that for 9 million people who live it was abundance from the beginning always according to these same strategists
- Novices see this as indecent but it is a very bad sign because healthy companies do not need to pay dividends to keep their shareholders.
Basically, those who can pay cash to curb the fall in stock prices.
