Vale among world’s largest dividend payers

Vale was the world’s ninth-largest dividend payer in the first quarter of 2022, according to a report by Janus Henderson seen by Valor. The Brazilian mining company, which was in the eighth place in the same period in 2021, remained the only representative of emerging markets among the 10 best-placed companies in the ranking, which is published quarterly since 2009 by the U.K.-based asset management company.BHP tops the list of companies that paid the most shareholder remuneration in the first quarter. In the top-10, there are also two drugmakers (Novartis and Roche); two energy companies (Exxon and Maersk, which also operates in logistics); three technology firms (Microsoft, Siemens and Apple); and a telecoms company (AT&T). They paid $56.3 billion in dividends. The combined figure exceeds the amount paid by the top-10 companies in the same period last year ($51.4 billion) and in the first quarter of 2020 ($46.7 billion).The full ranking, which includes data for 3,000 companies, shows that $302.5 billion were paid by them in the first quarter, a nominal growth of 11%. Considering exchange rate effects and extra dividends, the increase reached 16.1%.Janus Henderson considers gross dividends using the share count in the payment date converted into U.S. dollars according to the foreign exchange rate. The firm said the result is an approximation because companies set the exchange rate just before the payment date.Unlike the global trend, the dividends paid by Brazilian companies fell to $5.2 billion in the first three months of 2022 from $5.3 billion in the same period last year, in nominal terms. Considering the exchange rate effect and non-recurring dividends, there was an increase of 7.4%.Despite being among the companies that distributed the most dividends in the world, Vale had a negative effect on Brazil’s balance since the prices of iron ore fell in late 2021, Janus Henderson said. Bradesco, which reduced the distribution of earnings in the period, also weighed against the country’s balance. Beverage maker Ambev, on the other hand, helped to improve Brazil’s performance by returning to its pre-pandemic level. Besides the three companies, meatpacker JBS and oil giant Petrobras are among the 1,200 companies that make up the ranking.Janus Henderson analyzes data of 1,200 companies that compose an index of the UK-based firm and estimates for the other 1,800 companies.Among emerging markets, meanwhile, there were nominal gains of 41.5% and...

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