Third Quarter Dividend Explosion
CNBC reports that dividend growth hit a new quarterly record of 23.4% in the third quarter.
A wobbly third-quarter stock market didn’t stop companies from shelling out cash to shareholders, with U.S. investors getting the bulk of the benefits.
American companies issued a staggering $107.9 billion in dividends for the three-month period, a 23.4 percent quarterly increase that “comfortably” set a new record,” according to data released Tuesday by Henderson Global Investors.
How to Choose a Dividend Stock
Spreading the Wealth
Reuters reports that: The top 50 non-financial U.S. companies in terms of cumulative amounts spent on stock repurchases since 2000 are now often giving more money back to shareholders in buybacks and dividends than they make in profits – the first time that’s happened outside of recessionary periods.
— Reuters Graphics (@ReutersGraphics) November 16, 2015