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Fourth quarter 2013 dividend rate increases $12.7 billion

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Staff writer ▼ | January 6, 2014
S&P Dow Jones Indices announced today that dividend net increases (increases less decreases) rose $12.7 billion during the fourth quarter of 2013 for U.S. domestic common stock.
Wal StreetS&P Dow Jones Indices announced today that dividend net increases (increases less decreases) rose $12.7 billion during the fourth quarter of 2013 for U.S. domestic common stock.


This compares to an $8.4 billion increase in the fourth quarter of 2012; 885 dividend increases were reported during the quarter, significantly lower than the tax incentivized 1,266 companies which raised dividends in 2012, but up 36.4% from the 649 companies which raised dividends in 2011.

For the year, 2,895 issues increased their dividend rate, slightly up from the 2,887 which did so in 2012, but up over 48.2% from the 1,953 increases of 2011.

Of the approximately 10,000 U.S. traded issues, 51 companies decreased dividends (defined as either a decrease or suspension) in Q4 2013 compared to 154 in Q4 2012 and 27 in Q4 2011. For the year, 299 issues decreased their rate compared to 275 in 2012 and 101 in 2011.

The percentage of non-S&P 500 domestic common issues (ASE, NYSE, NASD) paying a dividend increased to 47.7% in the fourth quarter from 47.4% in Q3, 47.3% in Q2 2013, 46.1% in Q1 2013, and 44.9% in Q4 2012.

418 companies (83.6%) in the large-cap S&P 500 pay a dividend. All 30 members of the Dow Jones Industrial Average pay a dividend. The weighted dividend yield declined to 2.44% from 2.60% in Q3 and 2.80% at the end of 2012.

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