Updates
July 26, 2013: I may have to start tracking this as a new metric on the economy. See note below: 17 companies announcing increased dividends. Today, 27 companies announced dividend increases. Incredible. Many of them are energy companies.
Original Post
I don't know if that's true, but every day I check to see who has increased their dividends. This is a dynamic link so the data will change daily. Generally, anywhere from two to five companies announce an increase in their dividends. Once in awhile I might see six or seven companies. I don't remember as many as 17 companies in one day -- that is how many companies, including ONEOK, announced increased dividends today. A lot of energy companies in this list today, but also Pulte Homebuilders, and Hershey.
Another example of Wall Street doing well, even though Main Street not doing so well. The gap between the "haves" and the "have-nots" continues to widen.
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