“These 19 Big Stocks Raise Their Dividends Despite Coronavirus”

“Nineteen S&P 500 companies upped their dividends during April, including materials company Newmont (NEM), consumer staples firm Costco Wholesale (COST) and information technology giant Apple (AAPL), says S&P Dow Jones Indices. The average dividend hike by these companies is 8.4%.

Boosting a dividend might be the ultimate vote of confidence given the sharply downward trend for dividends. So far in the second quarter, 12 S&P 500 companies cut their dividends and another 12 suspended them entirely, says Howard Silverblatt, index strategist with S&P Dow Jones Indices…”