Dividends By The Numbers For September 2020 And 2020-Q3

Published Fri, 02 Oct 2020 06:59:52 -0400 on Seeking Alpha

Seeking AlphaDividend Quick PicksDividends By The Numbers For September 2020 And 2020-Q3Oct. 2, 2020 6:59 AM ET|| Includes: BHLB, CRT, GOVB, GPMT, KIM, RPAIby: Ironman at Political CalculationsIronman at Political Calculations Analyst, Long OnlyPolitical Calculations.cls-1{fill:#024999;}SummaryA total of 3,598 U.S. firms declared dividends in September 2020.
Eighteen U.S. firms announced they would pay a special (or extra) dividend to their shareholders in September 2020.
Sixty one U.S. firms announced they would boost cash dividend payments to shareholders.
A total of 12 publicly-traded companies cut their dividends.
Eighteen U.S. firms omitted paying their dividends.
September 2020 continued the positive trend established in the two preceding months of July and August for dividend-paying firms in the U.S. stock market.
Here is the dividend metadata for the month of September 2020:
A total of 3,598 U.S. firms declared dividends in September 2020, an increase of 370 over the 3,228 recorded in August 2020, but a decrease of 422 with respect to the number of dividend declarations recorded in September 2019. Eighteen U.S. firms announced they would pay a special (or extra) dividend to their shareholders in September 2020, a decrease of one from the number recorded in August 2020 and six lower than what was recorded a year ago in September 2019. Sixty one U.S. firms announced they would boost cash dividend payments to shareholders in September 2020, a decrease of 20 from the 81 recorded in August 2020, and a decrease of six from the 67 dividend rises declared back in September 2019. As a general rule, September represents the month most likely to record the lowest number of dividend rises of any month in any given year. A total of 12 publicly-traded companies cut their dividends in September 2020, a decline of 11 from the 23 recorded in August 2020 and also a decrease of 17 from the 29 recorded in September 2019. Eighteen U.S. firms omitted paying their... Read more