A little while ago I stated that the count of dividend cuts in the S&P 500 had trailed off in March, suggesting an alleviation of potentially recessionary conditions. Well I guess I was wrong and think the data call I use was slow to pick up on the changes in dividends. Either way, the below chart shows the rolling 3-month change in dividend cuts for companies in the S&P 1500.
Dividend cuts still remain elevated and are above levels that have in the past indicated elevated risks of a recession.
Dividend cuts still remain elevated and are above levels that have in the past indicated elevated risks of a recession.
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