DIA: missing January 2010 dividend


Sunday, April 11th, 2010

Check here for DIA’s 2010 ex-dividend and payout dates

DIA-div-hist-Mar10

DIA dividend history, click to enlarge

DIA did not payout any dividend this January. It appears that DIA had paid a dividend every month since at least 2002, so this is a very unusual event. Looking through the dividend histories of the 30 companies on the Dow Jones Industrial 30 Index it appears that JP Morgan & Chase Co. (JPM) might have been the culprit. Their January dividend dropped to $0.05 from last year’s $0.38 number in January 2009. Since DIA’s January payout tends to be one of the lower ones the DIA people might have decided this decreased payout wasn’t worth the trouble.

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