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The number of US pensioners saving millions of dollars has reached an all-time high.
The number of Americans with more than $1 million in retirement accounts is at an all-time high, according to the latest data from Fidelity Investments. The number of 401 (k) accounts with more than $1 million in the US surged 84 per cent to 412000 in the year to June 30, while the number of seven-figure individual retirement accounts (IRA) rose 64 per cent to 341600, the company said. Taken together, the total number of retirement accounts over $1 million increased by 74.5%, but it is not clear how many this represents
This year, global corporate dividends may reach 1.39 trillion US dollars, close to the pre-epidemic level.
Global corporate dividends are likely to rise to $1.39 trillion this year, slightly higher than previously expected, reflecting a stronger-than-expected recovery in corporate dividends, which is just 3 per cent below its pre-epidemic peak, Janus Henderson reported on Monday. Against the backdrop of COVID-19 's crisis, global corporate dividends fell 12.2 per cent to $1.26 trillion last year due to regulatory restrictions, with 1/5 of companies cutting dividends and 1/8 canceling dividends. But data from Junli Henderson show that corporate dividends are recovering strongly, with overall growth of 26.3 in the second quarter.
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