Dividends paid by European companies have fallen for the first time in three years as economic uncertainty and a challenging business climate left the region’s companies holding on to their cash.
Faced with weak consumer demand and under pressure to cut costs, European-listed companies have scaled back the total amount paid to shareholders.
Dividends paid by European-listed companies fell 0.8 per cent in 2012, the first time aggregate payouts have fallen since 2009, according to data from Thomson Reuters IBES.
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