98% of U.S. companies maintain or increase dividends in Q3
- 98% of U.S. companies surveyed did not trim their dividends in the third quarter
- U.S. dividend growth slowed for an eighth consecutive quarter
- U.S. stocks on track for record dividends in 2023
- Microsoft and Oracle contributed 20% of the increase in U.S. third quarter dividends
- Global dividend total fell 0.9% in the third quarter
- Mining sector saw the largest cuts in dividends
- Banking dividends rose 9.3% on an underlying basis
- China’s companies raised payouts by 7.8% to a record $38.2 billion
Almost all dividend-paying large U.S. companies increased their payouts or kept them steady in the third quarter, outperforming the global trend. According to a report by Janus Henderson, 98% of U.S. companies surveyed did not reduce their dividends, compared to 89% worldwide. Despite the slowdown in U.S. dividend growth for the eighth consecutive quarter, the country is expected to achieve a record payout for 2023. Microsoft and Oracle alone contributed 20% of the increase in U.S. third quarter dividends. However, the global dividend total declined by 0.9% in the third quarter, with the mining sector experiencing the largest cuts. On the other hand, banking dividends rose by 9.3% on an underlying basis. China’s companies also showed strong dividend growth, raising payouts by 7.8% to a record $38.2 billion.
Factuality Level: 7
Factuality Justification: The article provides information from a report by Janus Henderson, a reputable fund manager. It states that 98% of U.S. companies surveyed did not trim their dividends, compared to 89% worldwide. It also mentions the slowdown in U.S. dividend growth and the record payout expected for 2023. The article includes specific examples of companies that contributed to the increase in U.S. third quarter dividends. It also mentions the global dividend total falling and cuts in the mining sector. The article quotes Ben Lofthouse, head of global equity income at Janus Henderson, providing additional insight. Overall, the article provides factual information based on the report by Janus Henderson.
Noise Level: 3
Noise Justification: The article provides information on the dividend payouts of large U.S. companies compared to global trends. It mentions the concerns about economic prospects and the impact of the Federal Reserve’s interest rate policies. It also highlights the contributions of specific companies to the increase in U.S. third quarter dividends. However, the article lacks in-depth analysis, scientific rigor, and actionable insights. It also includes irrelevant information about text-to-speech technology and feedback requests.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information on dividend payouts of large U.S. companies, including Microsoft, Oracle, Southwest Airlines, Las Vegas Sands, and Delta Airlines. It also mentions the global dividend total and cuts in the mining sector.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article focuses on financial topics such as dividend payouts and the global dividend trend. It does not mention any extreme events or their impacts.
Public Companies: Microsoft (MSFT), Oracle (ORCL), Southwest Airlines (LUV), Las Vegas Sands (LVS), Delta Airlines (DAL), Petrobras (PETR4, PBR), BHP (BHP), China Construction Bank (N/A), China Mobile (N/A)
Key People: Ben Lofthouse (Head of Global Equity Income at Janus Henderson)
Reported publicly:
www.marketwatch.com 
