(Bloomberg) -- Energy producers in emerging markets are cutting dividend payments faster than peers in developed countries after a slump in crude prices and slackening demand in China forces them to preserve capital.
While the average projected payout per share from energy firms in the developing world is 74% higher than those in advanced economies, the premium narrowed to an eight-year low this month, according to data compiled by Bloomberg. Estimated dividends from emerging energy companies have fallen more than 12% since the end of last year, the data show.
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