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European companies increase profits much faster than wages

Shareholder payouts rising 7 times faster than wages

European companies have paid inflation-busting dividends to their shareholders this summer while workers struggling to cope with the cost of living crisis are told they can’t have a decent pay rise, new figures reveal.

The value of payouts to shareholders increased by 28.6% in Europe during the second quarter of this year, according to the newly-published Janus Henderson Global Dividend Index.

That’s more than seven times faster than the rate at which wages are rising across the European Union - further details