Dividends in Brazil decreased by 9% in 2024 following a fourth consecutive quarter of poor performance.

Brazilian businesses in 2024 decreased dividend payouts by 9% from the prior year, with a significant 28.7% decline in the final quarter, as shown by Janus Henderson’s Global Dividend Index data.

Brazilian companies featured in the research distributed $22.4 billion to shareholders in the previous year.

Global corporations set a new high with $1.75 trillion in dividends in 2024, marking a 6% increase from the previous year.

The performance of Brazilians, on the other hand, was distinct as the distributed value decreased to US$ 22.4 billion, marking a 9% decline from the previous year. This reduction in distributed value was mainly due to a substantial 28.7% decrease in dividends paid in the fourth quarter of 2024.

Petrobras in Brazil accounted for nearly half of the total distributed value at $10.83 billion, making it the 14th largest dividend payer globally. Vale came in second in Brazil with $4.16 billion, experiencing a notable decline due to challenges in the mining industry.

Global dividend growth is fueled by a robust dollar.

Global dividend payments hit a remarkable milestone of $1.75 trillion in 2024, showcasing the influence of a stronger dollar and the strong showing of tech giants like Meta, Alphabet, and Alibaba.

This real growth of 5.2% slightly surpassed the $1.73 trillion projection by Janus Henderson, fueled by strong performance in the USA and Japan, particularly in the final quarter.

China outperformed other emerging markets on a global scale by experiencing a 17.8% growth in dividends, reaching a new high of $62.7 billion in 2024.

Mexico experienced a 4.3% growth in dividends in Latin America, despite reductions in several companies examined. The primary drivers behind this rise were Femsa, a beverage company, and Grupo Mexico, a mining company.

In Colombia, dividend payments dropped by 28.7% primarily because of reduced payments from Ecopetrol, the sole company examined in the country. Meanwhile, in Chile, a 28.7% decline in dividends was attributed to decreased payments from the conglomerate Copec Companies.

Janus Henderson forecasts that global dividends will keep growing in 2025, with a 5% nominal increase to $1.83 trillion, surpassing the previous year’s record.

Global expansion is fueled by major players in technology and finance.

Tech companies like Meta and Alphabet in the USA and Alibaba in China have greatly influenced the worldwide increase in dividends, as stated in a report by Janus Henderson.

These companies, which started giving out dividends recently, contributed $15.1 billion in payouts and accounted for a 1.3 percentage point increase, which is approximately 20% of the global rise by 2024.

The financial sector, specifically banks, significantly contributed to the increase in dividends last year.