The S&P 500’s Dividend Yield Is Down to Around 1%.
Buy This 5%-Yielding Pipeline Stock to Boost Your Passive Income
Growth stocks continue leading the market higher. If you’re an income investor shopping around for a new dividend-paying company, however, you might be a bit discouraged. That’s because the market’s relentless bullishness, which has driven the S&P 500 (SNPINDEX: ^GSPC) more than 100% higher since late 2022 (and up 16% just since late March), has also pared the index’s dividend yield down to a record low of just over 1%.
It suggests there are no great yields to be found anywhere. Now dig deeper. They’re out there, if you’re willing to look a bit off the beaten path.