BANKING & FINANCE - Jan. 3, 1992
From Times Staff and Wire Reports
Dividend Trend Improves: The number of companies raising cash dividend payments rose to 102 in December from 88 a year earlier. The number of firms omitting dividends entirely fell to 18 from 32. The figures are another sign that corporate profits may be improving, Standard & Poor’s Corp. reported. For all of 1991, S&P; said, 1,086 companies raised dividends, down 14% from 1990 and the lowest total since 1971.
