Global dividends reached a Q3 record of US$431.1bn.
up 3.1% year-on-year on both a headline and underlying basis.
88% of companies raised payouts or.
held them steady and median (or typical) dividend growth was 6.0%.
Banks and media companies (which include internet media).
made the largest contribution to growth.
No change to underlying growth expectation of 6.4% for 2024.
but headline figure reduced slightly to US$1.73 trillion (+4.2% year-on-year) owing to lower one-off special dividends.