Portugal is the dividend’s champion in the Eurozone
Ahead of Portugal are countries such as Russia, Brazil, United Kingdom, Australia, Singapore and Norway, which have higher rates than Portugal, according to the same analysis.
Portuguese dividends remain among the most attractive worldwide, with Portugal even being considered the “champion” among Eurozone member states. According to an analysis by Allianz Global Investors, the country is in the eighth position of the world ranking of the most attractive dividends, with a dividend yield of around 3.5%, the same rate registered last year.
Ahead of Portugal are countries such as Russia, Brazil, United Kingdom, Australia, Singapore and Norway, which have higher rates than Portugal, according to the same analysis.
The asset manager expects dividend payouts to reach record levels in 2022. Companies in the MSCI Europe Index are expected to distribute around €410 billion to shareholders this year on account of last year’s results, up 8% on the previous year.
“In contrast to the economic backdrop, dividend payouts in 2021 showed a pronounced V-shaped development,” explains Jörg de Vries-Hippen, Head of Equities Europe Investments at Allianz Global Investors.
“At around €378 billion, payouts in 2021 have almost returned to the upward trend through 2019 and are likely to remain on an upward trend in 2022 to a new record level of around €410 billion,” he added.
The dividend season will take place in a few months after companies submit their results for 2021.
