In a recent Wall Street Journal article, “Investors Seek Signs of Dividend Health”, Ian Salisbury discusses the economic climate and how dividends are being affected.
Many recent dividend cuts have been made by financial institutions. The problem has grown since GM suspended its regular dividend last week. S&P said that 97 out of approximately 7,000 publicly traded companies it tracks cut dividends in the second quarter. This is the highest number in 18 years.
Howard Silverblatt, an S&P analyst, believes many midsize and regional companies may also cut dividends this year.
A Dividend Exchange Traded Funds Directory is available at ETF MarketPro.