Unexpectedly Intriguing!
May 6, 2014

Going by the number of companies that announced that they were cutting their dividends in April 2014, it would appear that the U.S. economy significantly improved its performance over what has been initially indicated for the first three months of 2014.

Monthly Number of Public U.S. Companies Announcing Dividend Cuts, January 2004 through Present, as of April 2014

Here, we see that the number of companies announcing dividend cuts declined from 31 in March 2014 to just 13 in April 2014.

While that figure would still suggest that the U.S. economy is experiencing recessionary conditions, it is a marked improvement over each of the first three months of the year, in which a combined total of 91 U.S. publicly-traded companies acted to cut dividend payments to their owners and shareholders.

To put that latter number in context, in April 2014, there were approximately 3,700 companies that are listed on each of the three major U.S. stock exchanges. In the first quarter of 2014, 2.5% of them cut their dividends.

Ten or fewer companies acting to cut their dividends in a single month would be consistent with healthy economic conditions in the U.S. economy.

Data Source

Standard & Poor. Monthly Dividend Action Report. [Excel Spreadsheet]. Accessed 2 May 2014.


About Political Calculations

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.com

Thanks in advance!

Recent Posts

Stock Charts and News

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button


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.

Other Cool Resources

Blog Roll

Market Links
Charities We Support
Recommended Reading
Recently Shopped

Seeking Alpha Certified

Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.