S&P: Dividends Will Recover in 2010 after Worst Year Ever

Updated

More U.S. companies cut dividends in 2009 than ever before, costing investors over $58 billion in lost income. But equity-research firm Standard & Poor's expects the downward trend to turn in late 2010, as stronger balance sheets lead companies to begin to raise dividends back toward the record levels of two years ago.

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