Wall Street Week Ahead: Clouds may be parting for dividend investors
S&P 500 companies are likely to see an aggregate 2% decline in 2020 dividend payments, compared with analyst projections earlier this year of around 10%, according to S&P Dow Jones. "We saw a devastating amount of dividend cuts, but the second half of the year does look a bit better," S&P Dow Jones analyst Howard Silverblatt said. S&P 500 companies slashed or suspended over $40 billion in dividends in the second quarter, the deepest quarterly drop since 2009, according to S&P Dow Jones.
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