6/5/2023
By Charles Payne, CEO & Principal Analyst

After a tough 2022, many corporations decided 2023 would be more conservative to match investors’ demands for steady gains and relative safety. As a result, there was a spike in companies increasing dividend payouts to a near-record quarterly high.

The number has slowed dramatically in the second quarter, but this is also the lowest number of quarter dividend decrease announcements on record.

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Charles Payne
Wall Street Strategies

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