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AAA  Jul. 6, 2013
Dividend report
By TREVOR DELANEY
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At the halfway point of 2013, dividend payments are on track to surpass the record set last year. Year-to-date dividend payments are 13.9 percent higher than in the year-ago period, according to S&P Dow Jones Indices.

Some 82 percent of the companies in the Standard & Poor’s 500 index pay dividends. The percentage hasn’t been that high since September 1999. And the Dow? All 30 companies in the industrial average pay a dividend.

Howard Silverblatt, senior index analyst for S&P Dow Jones Indices, projects that dividends will continue to grow this year, but at a slower pace than in the first six months. One reason is that many companies increased their payouts in the fourth quarter of 2012 due to concerns about a possible hike in dividend taxes as part of the “fiscal cliff” debate.

Associated Press
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