Dividend announcements were slow last week. They will speed up in late April through May. Here are the most recent overall dividend data.
Dividend Actions by S&P 500 Companies
March-April 17, 2020
The number of companies increasing their dividends since March 1 grew to 96, with two important companies, Johnson and Johnson (JNJ) and Procter and Gamble (PG), hiking payouts approximately 6%. The star of the week was Skyworks Solutions (SWKS), who raised its dividend an eye-popping 57%. While 27 S&P 500 companies have announced dividend cuts, most of these were smaller companies with modest