Shareholders Rejoice As Energy Companies Dish Out Record Dividends ...Middle East

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Shareholders Rejoice As Energy Companies Dish Out Record Dividends
Oil firms have been dishing out bumper sums to shareholders as a crisis in the energy sector drives profits to record levels, according to research released today. Dividends from oil firms rose by 75.1 per cent to a record $46.4bn in the the three months through September and pushed up the total figure paid out globally, according to the Global Dividend Index from Janus Henderson.  The total dished out to investors rose by seven per cent on a headline basis to $415.9bn. More than 85 per cent of UK firms hiked their payout in the third quarter…

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