Dividends Will Recover in 2010 after Worst Year Ever, S&P Says
Posted on January 07, 2010 at 19:57 PM EST
More U.S. companies cut dividends in 2009 than ever before, costing investors over $58 billion in lost income. But equity-research firm Standard & Poor's expects the downward trend to turn in late 2010, as stronger balance sheets lead companies to begin to raise dividends back toward the record levels of two years ago. Continue reading Dividends Will Recover in 2010 after Worst Year Ever, S&P Says Dividends Will Recover in 2010 after Worst Year Ever, S&P Says originally appeared on DailyFinance on Thu, 07 Jan 2010 19:57:00. Filed Under: Economy , Investing , JP Morgan Chase , General Electric , Bank of America , Citigroup Permalink | Tweet this! | Comments