Janus Henderson: Global dividends slip as oil firms and miners make large cuts
Total payouts down 0.9% to $421.9bn (£338bn)
Total payouts down 0.9% to $421.9bn (£338bn)
The Fed’s job of squeezing inflation down to 2% recently became harder
Pictet Positive Change manager Evgenia Molotova and her team look to identify companies with the skill, balance sheet and will to change
Some investors see opportunity amid the volatility
But growth likely to slow this year due to inflation and geopolitical risks
Companies forked out more than £47bn as buyback schemes kicked into high gear
Argonaut’s Barry Norris on why he is investing in a fossil fuel future, while Blackrock’s Mark Hume explains why energy prices are likely to remain elevated
Surging oil dividends drove global pay-outs to £350bn for Q3, the third quarterly record in succession this year
As investors lose faith in UK equities, and against a backdrop of market uncertainty and political turmoil, it remains to be seen what will tempt them back to the sector
Fossil fuels are being shunned by investors, but record payouts mean sector could still worth adding to portfolios
Peak inflation may have passed but it remains significantly above its 2% target
Divesting can take away the option of engaging high-carbon companies to do better