to your HTML Add class="sortable" to any table you'd like to make sortable Click on the headers to sort Thanks to many, many people for contributions and suggestions. Licenced as X11: http://www.kryogenix.org/code/browser/licence.html This basically means: do what you want with it. */ var stIsIE = /*@cc_on!@*/false; sorttable = { init: function() { // quit if this function has already been called if (arguments.callee.done) return; // flag this function so we don't do the same thing twice arguments.callee.done = true; // kill the timer if (_timer) clearInterval(_timer); if (!document.createElement || !document.getElementsByTagName) return; sorttable.DATE_RE = /^(\d\d?)[\/\.-](\d\d?)[\/\.-]((\d\d)?\d\d)$/; forEach(document.getElementsByTagName('table'), function(table) { if (table.className.search(/\bsortable\b/) != -1) { sorttable.makeSortable(table); } }); }, makeSortable: function(table) { if (table.getElementsByTagName('thead').length == 0) { // table doesn't have a tHead. Since it should have, create one and // put the first table row in it. the = document.createElement('thead'); the.appendChild(table.rows[0]); table.insertBefore(the,table.firstChild); } // Safari doesn't support table.tHead, sigh if (table.tHead == null) table.tHead = table.getElementsByTagName('thead')[0]; if (table.tHead.rows.length != 1) return; // can't cope with two header rows // Sorttable v1 put rows with a class of "sortbottom" at the bottom (as // "total" rows, for example). This is B&R, since what you're supposed // to do is put them in a tfoot. So, if there are sortbottom rows, // for backwards compatibility, move them to tfoot (creating it if needed). sortbottomrows = []; for (var i=0; i
How are U.S. companies responding to having less of their revenues taxed by Washington D.C. after the passage and implementation of the Tax Cuts and Jobs Act of 2017?
As we've seen throughout this past week, reduced taxes have significantly increased projected corporate earnings per share by a sizable margin, where many firms have used their recently unburdened funds to repurchase their own shares in what looks set to be record numbers.
Other U.S. companies however are providing a more direct benefit to their shareholders in boosting their cash dividends, where since we've already covered the number of dividend increases and increases for the entire U.S. stock market in January 2018, the first month under the new tax law, we thought we'd go the extra mile to see how much dividends are changing.
To do that, we'll be sampling Seeking Alpha's Dividend News database to identify the U.S. companies that declared that they would either increase or decrease their dividends in January 2018, which we'll compare with a similar sample extracted from the same source in January 2017. The following chart summarizes the number of dividend increases and decreases that were declared by U.S. firms whose stocks trade on the NYSE and NASDAQ exchanges in those periods that are included in our sampling.
The quick text summary of the data in the chart is as follows:
So we see that in terms of pure numbers, 2018 is ahead of 2017. But what about the size of the dividend changes being declared?
Our next chart shows the median and mean (or average) dividend change declared by the companies sampled in January 2017 and in January 2018.
Focusing on the changes from 2017 to 2018, here's the text summary of the dividend data in this chart:
Multiply those changes by millions of shares, and suddenly, we're talking about some serious money! It's not as large as what we're projecting will go toward share buybacks in the immediate aftermath of the implementation of the new tax laws, but both are venues by which the 54% of American households that own stocks in some form can benefit from what U.S. companies are doing with the newly unburdened earnings in their financial accounts.
Labels: dividends
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
Closing values for previous trading day.
This site is primarily powered by:
The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.