Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Click for Bio

Follow Bob on Twitter Follow Bob on LinkedIn View Videos on YouTube
 

  S&P 500 Index Dividend Payout Profile
Posted Under: Stock Dividends

 
View from the Observation Deck  

  1. As of 5/20/21, 385 of the constituents in the S&P 500 Index distributed a cash dividend to shareholders. There are currently 505 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 17.27%, 14.97% and 13.82%, respectively, as of 5/20/21 (see table).
  4. The S&P 500 Index sector weightings are as follows (5/26/21): 26.30% (Information Technology); 12.98% (Health Care); 12.15% (Consumer Discretionary); 11.82% (Financials); 11.15% (Communication Services); 8.82% (Industrials); 6.07% (Consumer Staples); 2.80% (Materials); 2.79% (Energy); 2.57% (Utilities); 2.55% (Real Estate), according to Bloomberg.
  5. As of 5/26/21, data from Bloomberg indicates that the total dividend payments from the constituents in the S&P 500 Index will total an estimated $59.61 per share in 2021, up from $58.95 (record high) in 2020. The estimates for 2022 and 2023 were $63.94 and $68.01, respectively. The S&P 500 Index's dividend yield was 1.37% as of 5/26/21.
  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 Q1'21, the payout ratio on the S&P 500 Index was 57.01%.

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 stocks 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 Thursday, May 27, 2021 @ 1:29 PM • Post Link Share: 
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
Weekly Market Commentary
Weekly Market Watch
Monthly Talking Points
Quarterly Newsletter
Market Observations
Subscribe To Receive Email
 


 PREVIOUS POSTS
Sector Performance Via Market Cap. (2020 Bear Market & New Bull Market)
US Stock Markets Ended May 21, 2021
US Economy and Credit Markets Ended May 21, 2021
How Bonds Have Fared In This Millennium
This Covered Call Index Tends To Outperform The S&P 500 When Stock Returns Are Modest Or Negative
US Stock Markets Ended May 14, 2021
US Economy and Credit Markets Ended May 14, 2021
Commodities Are Garnering More Attention From Investors
How Communication Services Has Fared Since Its Inception (September 2018)
US Stock Markets Ended May 7, 2021
Archive
Skip Navigation Links.
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.
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 © 2021 All rights reserved.