This is interesting to me. It appears "Abenomics" coincided with the creation of the Nikkei 400, which is a selective index with preference for high-dividend-per-share equities. And your claim is correct, in 2015 average dividend-per-share for Nikkei 255 was 15%, and it has since risen to 30%
But was this a short-term gimmick to encourage investment? Did it work? My understanding is that high dividend payout represent weak reinvestment and overall lower growth.
But was this a short-term gimmick to encourage investment? Did it work? My understanding is that high dividend payout represent weak reinvestment and overall lower growth.