2024-02-06 11:15:00 ET
Summary
- January 2024 was a lackluster one for the dividend-paying firms of the U.S. stock market.
- The number of firms announcing dividend increases rose month-over-month, but so did the number of firms announcing dividend cuts.
- The industries that recorded dividend reductions in January are the ones to pay attention to during the first half of 2024.
January 2024 was a lackluster one for the dividend-paying firms of the U.S. stock market. Starting with the bad news, the number of favorable changes for dividends was down both month-over-month and year-over-year and the number of unfavorable changes were up month-over-month....
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Dividends By The Numbers In January 2024