However, with the global economy slowing, dividend growth has fallen back to the bottom.
"We are experiencing very low growth and a dull economic environment," said Jane Shoemake, Investment Director of Global Equity Income.
Shoemake pointed out that even in this environment, companies "still make a good living". For example, energy companies that restructured their business when oil prices fell, promoted recent growth.
Figures: Janus Henderson expects dividend payments to increase by 3.9% in 201
The Big Picture: In 2017, the world saw synchronous economic growth, while the corporate earnings bonus of 2018 was fed by the sugar price of US tax cuts. That would not take forever. While economic growth continues to grow, the light returns of recent years are becoming increasingly difficult to achieve. Share buybacks are also slowing down.
Aramco's more modest IPO could still dethrone Alibaba Wanted by Crown Prince Mohammad bin Salman, but high enough to prepare the wave for a record IPO before the year's end.
On Sunday gave Saudi Aramco announced that its sales target was 1.5% of its 200 billion shares in a partial privatization for every 30 riyals (8 USD) to 32 riyals (8.53 USD).
At a higher price, Aramco would record the largest IPO of all time. It would raise more than $ 25 billion and remove the crown from Alibaba's public debut in 2014.
That's not all. With a value between $ 1.6 and $ 1.7 trillion, Aramco would be the most valuable company in the world. Currently, this title Apple worth $ 1.18 trillion.
However, this victory is overshadowed by the fact that the IPO is more modest than originally announced. Low oil prices, the climate crisis and geopolitical risk have aroused the skepticism of international investors and could force the Saudi kingdom to rely on rich indigenous families, sympathetic sovereign wealth funds or major clients such as China, who register for equities.
: The stock price is set on December 5, and trading on the Saudi Stock Exchange is expected to start later this month.
Equities are back in fashion
Now UBS sticks to his bearish warning. This is further evidence of investors' recent stance that a slowdown in economic growth is not an indication of a looming recession and gives stocks a longer maturity to drive higher prices. This is not exactly a bullish position, but far less gloomy.
UBS Global Wealth Management's Chief Investment Officer Mark Haefele highlighted four reasons why the bank is more optimistic in a recent announcement to clients: 1) US and China trade talks, 2) Increased momentum through central banks, 3) more reasonable expectations on corporate profits, and 4) preliminary signs of economic stabilization.
Tomorrow: New Data on the US Real Estate Market.