Total Payout Yield Is Better For Estimating Equity Returns Than Yield Alone

It is widely known, and accepted, that dividends make up the majority of market returns over the long term.

Indeed, according to Standard and Poor’s dividends are responsible for 44% of the last 18 years of S&P 500 returns. Between 1929 to March 2012, the S&P 500 produced a total return of 9.4% per annum but if you deduct dividends, the return falls to only 5.2% per annum for price appreciation alone. These figures might not . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0