Figures just released by the U.S. Department of Commerce show corporate profits after tax for U.S. corporations increased 18.6% in Q3 2012 on Q3 2011 to USD 1.752 trillion. This was the highest figure ever reported for corporate profits for a quarter.
Net corporate dividends of USD 758.8 billion for the quarter was the highest since Q3 2008 when it hit USD 780.5 billion. Compared to Q3 2011 it increased by 7.5%.
Due to record profits with a slower increase in dividends paid out, the dividend payout ratio for the quarter was only 43.3%. This was the lowest for eight quarters and 12.7% lower than the average of 49.6% since 1947.
Net corporate dividends of USD 758.8 billion for the quarter was the highest since Q3 2008 when it hit USD 780.5 billion. Compared to Q3 2011 it increased by 7.5%.
Due to record profits with a slower increase in dividends paid out, the dividend payout ratio for the quarter was only 43.3%. This was the lowest for eight quarters and 12.7% lower than the average of 49.6% since 1947.
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