Summary Of Dividend Changes In Q2 2020

Published Sat, 18 Jul 2020 05:27:51 -0400 on Seeking Alpha

Seeking AlphaDividend Quick PicksSummary Of Dividend Changes In Q2 2020Jul. 18, 2020 5:27 AM ET|| Includes: AQN, ARE, AWK, CCOI, CNO, KR, NEM, NOC, PBA, POWI, SCVL, TTEK, UNH, WERN, WSOby: FerdiSFerdiS Dividend growth investing, portfolio strategy, long-term horizon, valueDivGro.cls-1{fill:#024999;}SummaryThis article provides a summary of dividend changes in Q2 2020.
Which companies and sectors announced the largest increases?
What is the average dividend increase in Q2 2020 and how does it compare with prior quarters.
How many companies suspended or cut their dividends?

This article provides a summary of dividend changes in the second quarter of 2020 (Q2 2020), as covered in the weekly Dividend Changes article series co-produced with James Marino Sr. of Portfolio Insight.
We monitor dividend change announcements for stocks listed in Dividend Radar, a weekly auto-generated spreadsheet of stocks with dividend streaks of five years or more. Dividend Radar provides up-to-date fundamentals and added value data, including total trailing returns, a fair value indicator, and trailing dividend growth rates.
In preparing for this article, I excluded dividend increases of stocks not in the latest available Dividend Radar list (dated July 10, 2020). In Q2 2020, I covered dividend increases announced by 88 companies. Additionally, 15 companies announced dividend suspensions and 34 companies decreased their dividend payment.
Top Increases
Here is a summary of the top 10 increases in Q2 2020:
Source: Created by the author
The following company descriptions are the author's summary of company descriptions sourced from Finviz.
• Newmont Corporation (NEM) — Materials
NEM engages in the production and exploration of gold, copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. NEM was founded in 1916 and is... Read more