Energy Bonanza Drives Shareholder Payouts to New Record

Energy Bonanza Drives Shareholder Payouts to New Record
The tanks of Brazil's state-run Petrobras oil company following the announcement of updated fuel prices at at the Brazilian oil company Petrobras in Brasilia, Brazil, on June 17, 2022. Ueslei Marcelino/Reuters
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LONDON—Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high, data showed on Wednesday.

Oil and gas firms, including state-controlled giants in Latin America, accounted for more than two-fifths of the growth in dividend payments in the three months to end-June, according to fund manager Janus Henderson’s latest global dividend report.