S&P Dividends Rise Over 2006

NEW YORK, Jan. 4 /PRNewswire/ — Standard & Poor’s, the world’s leading index provider, announced today that 1,969 of the approximately 7,000 publicly owned companies that report dividend information to Standard & Poor’s Dividend Record increased their dividend throughout all of 2006 -representing a 1% increase from the 1,949 issues raising their dividend in 2005. Additionally, Standard & Poor’s Dividend Record shows that December 2006 dividend increases declined 7.2% to 154 from the 166 recorded in December of last year. Overall the number of dividend payments continues to rise, posting a 7.1% year-to-date gain over 2005, and a 16.1% gain over
2004.
    “The improvement in dividends from the sharp decline of the 2000-2002
market continues, with companies cautiously increasing their payments.
Dividend reductions continue to be low, reflecting the more assured
approach to payments,” says Howard Silverblatt, Senior Index Analyst at
Standard & Poor’s.

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