Monday, February 09, 2009

January Was Not Kind To Dividend Payers In The S&P 500 Index

Dividend payers are not getting off to a good start in 2009. For the month of January, the dividend payers in the S&P 500 Index declined 9.40% versus a decline of 3.39% for the non-payers. The once reliable financial sector contributed to the poor performance for the dividend payers. The financial sector alone fell 26.55% versus the S&P's decline of 8.57% in January.

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dividend payers versus non payers performance January 2009In the month of January dividend decreases doubled to 10 versus 5 in January 2008.

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Dividend decrease table January 2009Source:

Market Attributes Snapshot (pdf)

Standard & Poor's
January 30, 2009

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