Dividends
Meanwhile , the UK ’ s centuries-old financial services industry also plays a major role . “ Banks and other financial-sector companies have tended to make up a big chunk of the market ’ s value , and the maturity of these industries has made them obvious dividend payers as they are often highly profitable but lack reliable , organic investment opportunities ,” says Clayton .
More than just a cash cow He adds that it is wrong to dismiss the UK as nothing more than an income market , as growth investors can thrive here too . “ The UK has some great tech businesses , like GB Group , Auto Trader and Ideagen , all of which have earned strong returns for investors ,” he explains . “ Businesses with digital business models , even if not tech
Annual dividends by region ($ bn )
Sector 2017 2018 2019 2020 2021 *
Emerging markets 105.8 127.5 140.2 126.9 130.7
Europe ex UK 225.1 256.6 251.1 171.6 195.4
Japan 70.0 79.1 85.4 80.7 49.6
North America 475.7 509.7 535.2 549 423.4
Asia Pacific ex Japan 141.6 150.4 151 123.3 139.2
UK |
95.7 |
99.6 |
105.7 |
62.5 |
82.8 |
TOTAL |
1113.8 |
1223 |
1268.7 |
1114 |
1021.3 |
Divs outside top 1,200 |
141.3 |
155.2 |
161 |
141.3 |
129.5 |
Grand total |
1255.1 |
1378.2 |
1429.7 |
1255.3 |
1151 |
Source : Janus Henderson Global Dividend Index Report * Q1 to Q3 only
Issue 81 - February 2022 / 9 /