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
We're only two-thirds of the way through February 2019, but the pace at which distressed U.S. firms are announcing dividend cuts has picked up considerably.
Unlike what we saw in January 2019 however, the near-real time sources that we track for dividend cut announcements suggests that distress is spreading beyond the oil and gas sector of the economy.
Here's the list for the month through 20 February 2019:
While firms in the oil and gas sector are still well represented, the overall number of these monthly variable dividend payers is so far more consistent with what we expect to see for these firms from month-to-month, which is a good sign following the deluge of dividend cuts announced by oil and gas industry firms in January 2019. What is most different from January 2019 however is the number of firms in the financial sector, where there are a surprising number of asset management firms announcing dividend cuts this month.
At the same time, we're seeing a growing number of industries being represented among dividend reducing firms, including technology, telecommunications, consumer goods, business services, health care, automotive manufacturing, aerospace manufacturing, and utilities. One from the food sector, Fresh Del Monte, isn't cutting its quarterly cash dividend of $0.15 per share, but it is suspending it, which is also an indication of distress.
The following chart illustrates the cumulative number of dividend cuts in 2019-Q1 by day of the quarter, compared with what we recorded back in 2018-Q1.
At this point in time, we can confirm that the number of dividend cuts in our sampling for the first quarter of 2019 has surpassed the total recorded in the first quarter of 2018. The pace at which dividend cuts are being announced is getting close to the threshold that would indicate that some degree of economic contraction is occurring within the U.S. economy, although at present, it hasn't yet crossed into the red.
Seeking Alpha Market Currents. Filtered for Dividends. [Online Database]. Accessed 20 February 2019.
Wall Street Journal. Dividend Declarations. [Online Database]. Accessed 20 February 2019.
Labels: data visualization, 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.