Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Bio
X •  LinkedIn
 

  S&P 500 Index Dividend Payout Profile
Posted Under: Stock Dividends
Supporting Image for Blog Post

 

View from the Observation Deck  

  1. As of 7/7/22, 398 of the constituents in the S&P 500 Index distributed a cash dividend to shareholders. There are currently 503 stocks in the index. 
  2. For comparative purposes, since 1980, the highest number of dividend-paying stocks in the S&P 500 Index at year-end was 469 (1980), while the lowest number was 351 (2001 & 2002), according to S&P Dow Jones Indices.
  3. As indicated in the chart, Information Technology, Health Care and Financials contributed the most to the S&P 500 Index's dividend payout at 17.01%, 14.77% and 14.22%, respectively, as of 7/7/22 (see table).
  4. The S&P 500 Index sector weightings are as follows (7/8/22): 27.25% (Information Technology); 15.00% (Health Care); 10.91% (Consumer Discretionary); 10.73% (Financials); 9.10% (Communication Services); 7.63% (Industrials); 6.85% (Consumer Staples); 4.19% (Energy); 3.00% (Utilities); 2.86% (Real Estate); and 2.50% (Materials), according to Bloomberg.
  5. As of 7/8/22, data from Bloomberg indicates that the dividend payments from the constituents in the S&P 500 Index totaled $60.54 per share (record high) in 2021, up from $58.95 (previous record high) in 2020. The estimates for 2022 and 2023 were $65.17 and $70.18, respectively. The S&P 500 Index's dividend yield was 1.67% as of 7/8/22, up from 1.27% on 12/31/21.  
  6. A dividend payout ratio of 60% or less is typically a good sign that a dividend distribution is sustainable, according to The Motley Fool. A dividend payout ratio reflects the amount of money paid out as a dividend relative to a dollar's worth of earnings. In Q2'22, the payout ratio on the S&P 500 Index was 36.80%.
  7. Click here to access our last dividend profile post on 2/3/22.  

This chart is for illustrative purposes only and not indicative of any actual investment. There can be no assurance that any of the projections cited will occur. The illustration excludes the effects of taxes and brokerage commissions and other expenses incurred when investing. Investors cannot invest directly in an index. The S&P 500 Index is an unmanaged index of 500 companies used to measure large-cap U.S. stock market performance, while the 11 major S&P 500 Sector Indices are capitalization-weighted and comprised of S&P 500 constituents representing a specific sector.

Download a PDF of this post, please click here

Posted on Tuesday, July 12, 2022 @ 10:44 AM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
MARKET ANALYSIS
Market Commentary and Analysis
Market Commentary Video
Monthly Talking Points
Quarterly Newsletter
Market Observations
Subscribe To Receive Email
 


 PREVIOUS POSTS
Every Year Looks Volatile Compared To 2017
The Only Constant Is Change
The Real Rate of Return on the 10-Year Treasury Note
S&P 500 Index Earnings & Revenue Growth Rate
How Bonds Have Fared Since 8/4/20
S&P 500 Index Dividends And Buybacks Still Setting Records
Sector Performance Via Market Cap. (2020-2021 and YTD-6/14/22)
The Buy And Hold Investment Strategy Is Not Dead
A Global Snapshot Of Government Bond Yields
Top-Performing S&P 500 Index Subsectors YTD (Thru 5/31)
Archive
Skip Navigation Links.
Expand 20242024
Expand 20232023
Expand 20222022
Expand 20212021
Expand 20202020
Expand 20192019
Expand 20182018
Expand 20172017
Expand 20162016
Expand 20152015
Expand 20142014
Expand 20132013
Expand 20122012
Expand 20112011

Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.