Companies

Dividend payouts by German companies reach record high

BERLIN
2018-04-18 11:32

Already collect

Publicly-listed stock companies in Germany are paying out higher dividends to their investors than ever before, a joint study by the German Shareholders Association (DSW) and Essen-based FOM University found.

According to the study, a total of around 600 stock companies returned 52.6 billion euros (65.01 billion U.S. dollars) in dividends to shareholders in 2018. The lion's share of the figure is once again accounted for by DAX-listed corporations.

The 30 biggest companies listed on the Frankfurt-based blue chip stock exchange are paying out a combined 35.8 billion euros this year, marking an increase of 11.5 percent compared to 2017.

Commenting on the findings, DSW president Marc Tuengler said strong global economic growth and low interest rates contributed to the positive development of stock companies.

"It is nearly impossible not to make any money here at the moment," a statement by Tuengler read.

Tuengler added, however, it was "all the more worrying" when companies still failed to perform or declared themselves unable to pay out dividends despite a highly favorable market environment.
Add comments

Latest comments

Latest News
News Most Viewed