Where Does it Pay Dividends to Chase the Yield?

Over the last year, dividend yield ranks as one of most important factors in MSCI World stock performance:





Which begs the question: where are the most positive dividend yield trends?  Currently, the Telecommunication Services sector has the highest dividend yield in the MSCI World Index:



However, the Telecom sector also happens to have the largest portion of its companies cutting dividends-- versus Consumer Staples, where more than 76% of constituents are raising their dividends:



In addition, we find that Consumer Staples companies have increased their dividends more consistently over the last three, five, and ten-year periods than any other sector:



Of course, each region has its own unique trends:

Asia-Pacific


Europe


North America