Dividends took a major hit during the early part of the COVID lockdown,
with numerous companies cutting or eliminating dividends. Now it appears
that dividends are making a comeback. In August, 13 S&P 500
companies announced dividend increases,
but only two companies announced a dividend cut. Remember, a company
will generally only increase dividends if it believes that it can
maintain that dividend in the future. Overall, this appears to be an
indication that these companies believe the worst of the economic crisis
may be over.
Friday, September 18, 2020
Dividend Comeback
