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AAA  Jul. 6, 2013
Dividend report
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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
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.