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
April 2022 has come and gone with continued signs of concern for dividend paying stocks. The overall level of distress in the market however continues to remain well below the threshold signaling recessionary conditions are present in the U.S. economy.
Those signs of concern are evident in the latest update for the chart tracking the number of U.S. firms either increasing or decreasing their dividends in each month since January 2004.
First, the good news. The chart shows the number of dividend cuts announced during April 2022 dipped from March 2022's total, which is a positive sign. While not enough to break the uptrend established since September 2021, we consider any decline in the number of dividend reductions from the previous month to be a plus.
Now for the cause for growing concern, which shows up when we look at the historic seasonality in the monthly data for dividend increases. Here, the typical pattern for a healthy U.S. stock market is for the number of announced dividend rises to increase from March to April. But April 2022 saw the number of dividend increases fall instead, which points to developing distress among dividend paying firms.
We'll put those numbers into context as we go through April 2022's dividends, by the numbers:
The unseasonal decline of dividend increases may be understood as a consequence of the now more-than-year long increase of inflation in the U.S. economy. For the majority of companies that practice First-In-First-Out (FIFO) accounting, it indicates they anticipate their rising costs will eat into what they project the sustainable portion of their earnings will be going forward.
Standard and Poor. S&P Market Attributes Web File. [Excel Spreadsheet]. Accessed 2 May 2022.
Labels: dividends
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Closing values for previous trading day.
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