Dividends By The Numbers In January 2023

Collage image of hand dropping coins into another hand

We Are

2023 got off to a rocky start for dividend-paying stocks in the U.S. stock market. The number of firms announcing dividend reductions jumped back above the threshold indicating recessionary conditions are present in the U.S. economy. Meanwhile, the number of dividend increases

Number of Public U.S. Firms Increasing or Decreasing Their Dividends Each Month, January 2004 through January 2023

Dividend Changes in January 2023
Jan-2023 Dec-2022 MoM Jan-2022 YoY