Janus Henderson Stock Price, News & Analysis

Janus Henderson announces record dividends globally, rising 11% to $302.5bn in Q1 2022, driven by strong increases across all sectors, especially oil and mining. In the US, dividend payments rose 10.4% to $141.6bn, with 99% of companies in the index increasing or maintaining payments. They expect global dividends to reach $1.54 trillion in 2022, reflecting a 4.6% growth. The mining sector, led by BHP, is projected to contribute over $100bn in dividends, bolstered by rising commodity prices amidst geopolitical tensions.

Janus Henderson Group (JHG) reported its first quarter 2022 results, showing solid long-term investment performance with 50% of assets under management (AUM) outperforming benchmarks. Operating income decreased to US$124.6 million from US$192.5 million year-over-year. Adjusted operating income was US$178.8 million, down from US$201.5 million. The company declared a 3% dividend increase to US$0.39 per share and authorized US$200 million in share buybacks. AUM declined to US$361.0 billion, primarily due to market impacts and the sale of its subsidiary Intech.

The Janus Henderson Foundation has committed over US$1.35 million in grants for 2022, largely aimed at enhancing financial literacy and educational initiatives globally. Approximately $800,000 will support U.S. charities, including Junior Achievement and the Denver Scholarship Foundation. The UK will receive about $550,000, while Australia gets $50,000. Since 1994, the foundation has allocated over US$45 million to various charitable efforts, matching $2.914 million in employee donations since 2010.

Janus Henderson reports that US government debt increased by 6% in 2021, reaching $22.3 trillion, a growth driven by rising service costs projected to peak in 2023. Despite a global debt rise of 9.5% expected in 2022, the US economy expanded significantly, outperforming borrowing growth. The effective interest rate on global government debt decreased to 1.6%, lowering service costs to $1.01 trillion. New opportunities in shorter-dated bonds are anticipated, as markets expect fewer interest rate hikes than projected.

Janus Henderson Group plc (NYSE:JHG) will announce its first quarter 2022 results on May 4, 2022, at 4 am EDT (9 am BST, 6 pm AEST). A conference call will follow at 8 am EDT (1 pm BST, 10 pm AEST) to discuss the results. Participants can call the provided numbers, referencing the Janus Henderson Results Briefing (Conference ID: 823583). Pre-registration is available to reduce wait times. The live webcast and slides will be accessible on Janus Henderson’s investor relations website.

As of December 31, 2021, Janus Henderson had approximately US$432 billion in assets under management.

Janus Henderson Group has appointed Ali Dibadj as the new Chief Executive Officer, effective no later than 27 June 2022. He will succeed Dick Weil, who retires on 31 March 2022. During the transition, Roger Thompson, current CFO, will serve as Interim CEO starting 1 April 2022. Dibadj brings extensive experience from AllianceBernstein, where he was CFO and Head of Strategy. The Board expressed confidence in his ability to lead the company's growth.

Janus Henderson Investors has strengthened its Portfolio Construction and Strategy (PCS) team with two new appointments: Peter Harrington-Howes as Senior Portfolio Strategist for the U.S. and Matt Bullock as Head of EMEA PCS. Harrington-Howes brings over 16 years of experience, having previously worked at Natixis, while Bullock has more than 20 years’ experience, recently from Wellington Management. These hires expand the PCS team to 15, enhancing Janus Henderson's capability to deliver custom portfolio insights and analytics to clients amid evolving market conditions.

According to Janus Henderson's report, US dividends reached a record $522.7bn in 2021, marking a 3.5% year-on-year increase, with underlying growth at 5.9%. The technology sector saw a median dividend increase of 8% per share. Forecasts for 2022 predict total dividends to rise by 7.5% to $562bn. The report highlights that nine out of ten companies increased or maintained dividends, with the technology sector being a major contributor to long-term growth.

The Janus Henderson Latin America Decarbonisation Report reveals that $45 billion in climate bonds has been issued across 11 countries in Latin America, a small share relative to the $1 trillion global climate bond market. Divergent national policies hinder international investor participation and market growth. Only 12 of 43 countries have issued climate bonds, with Chile leading at $9 billion. The report emphasizes the need for coordinated policies to foster green bond issuance and decarbonisation efforts in the region.