6/7/2021
By Charles Payne CEO & Principal Analyst

Almost every day, I see companies raising their dividends, but most are S&P 500 names that are finally sharing more profits with shareholders. Smaller publicly traded companies are not hiking dividends because profits are not as robust as larger companies -First-quarter profits, $1.94 trillion -0.8%, following a 3.3% decline in the prior quarter. Dividends declined 2.8% net to $1.34 trillion.

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Charles Payne
Wall Street Strategies

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