Dividends By The Numbers In June 2020 And 2020-Q2

Seeking AlphaDividend Quick PicksDividends By The Numbers In June 2020 And 2020-Q2Jul. 3, 2020 12:00 PM ET|| Includes: AHC, AMNF, ARI, BKE, CHMI, CIM, CNDCF, CRT, CXW, DX, FLXS, HCKT, HP, HST, IRT, IVR, KRG, MRCC, MTR, NLY, OFS, OXSQ, PBT, PLCE, PLYM, PVL, RC, RWT, SGA, SPG, TRTX, UBA, UBP, VTRby: Ironman at Political CalculationsIronman at Political Calculations Analyst, long onlyPolitical Calculations.cls-1{fill:#024999;}SummaryA total of 4,017 U.S. firms declared dividends in June 2020, an increase of 899 over the 3,118 recorded in May 2020.
A total of 71 publicly traded companies cut their dividends in June 2020, a decline of 43 from the 114 recorded in May 2020, but an increase of 57 over the 14 recorded in June 2019.
27 U.S. firms omitted paying their dividends in June 2020, a decrease of 125 from the number recorded in May 2020.
The coronavirus recession is having a devastating impact on many dividend-paying firms in the U.S. stock market, producing what may be the worst quarter for dividend-focused investors in the modern era of stock market history.
That's enough sugar coating. Let's recap the U.S. stock market's dividend metadata for June 2020:
A total of 4,017 U.S. firms declared dividends in June 2020, an increase of 899 over the 3,118 recorded in May 2020. That figure is also an increase of 56 over the number recorded a year ago in June 2019. 13 U.S. firms announced they would pay a special (or extra) dividend to their shareholders in June 2020, a decrease of 9 from the number recorded in May 2020 and 16 lower than what was recorded a year earlier in June 2019. 74 U.S. firms announced they would boost cash dividend payments to shareholders in June 2020, an increase of 9 over the number recorded in May 2020, and an increase of 4 over the total recorded in June 2019. A total of 71 publicly traded companies cut their dividends in June 2020, a decline of 43 from the 114 recorded in May 2020, but an increase of 57 over the 14 recorded in June 2019.... Read more