S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase $16.0 Billion in Q1 2024 Driven by Large-Cap Initiations

Q1 2024 U.S. common dividend increases were $22.7 billion, up 29.5% from $17.5 billion in Q4 2023 and up 14.9% from $19.7 billion in Q1 2023. Q1 2024 U.S. common dividend decreases were $6.7 billion, up 73.3% from $3.9 billion in Q4 2023, and down 33.3% from $10.0 billion in Q1 2023. Q1 2024 net indicated dividend rate change increased $16.0 billion. The 12-months ending March 2024, U.S. common dividend increases were $68.1 billion, down 8.6% from the 12-month March 2023 period's $74.5 billion; decreases ...