January 2025 got off to a strong start for the dividend paying companies in the U.S. stock market, as they delivered a net positive month for their shareholding owners.The single number that best summarizes the month is +27, which is the net amount by which favorable dividend changes outnumbered unfavorable changes.That balance was tipped strongly in favor of favorable changes such as dividend increases and extra (or special) dividends paid during January 2025. The combined number of these favorable changes was 230, which is 30 higher than what was recorded in January 2024.The number of companies announcing unfavorable changes like dividend decreases and omissions (or suspensions) also rose year-over-year, but only by a total of three firms. The total number of unfavorable changes was 18 in January 2025, just three more than in January of a year earlier. The net change in the year-over-year changes therefore works out to be +27 (the difference between the 30 more favorable changes less the 3 more unfavorable changes).All the month’s favorable and unfavorable changes are listed and totaled in the following table.

Dividend Changes in January 2025    Jan-2025  Dec-2024    MoM  Jan-2024    YoY Total Declarations 3,720 5,374 -1,654 ? 3,120 600 ? Favorable 230 246 -16 ? 200 30 ? – Increases 178 128 50 ? 154 24 ? – Special/Extra 52 111 -59 ? 46 6 ? – Resumed 0 7 -7 ? 0 0 ?? Unfavorable 18 10 8 ? 15 3 ? – Decreases 18 10 8 ? 15 3 ? – Omitted/Passed 0 0 0 ?? 0 0 ??

The following chart visualizes the monthly counts of dividend increases and decreases from January 2004 through January 2025.chartIt’s a good start to the year and a sign of greater strength than what we saw in the market at the end of 2024.ReferencesStandard and Poor. S&P Market Attributes Web File. [Excel Spreadsheet]. Accessed 2 February 2024.More By This Author:Median Household Income In December 2024
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