S&P 500 yields inch closer to weakest level since early‑2000s dot‑com bubble

The S&P 500 yield has dropped to roughly 1.15%, sinking toward levels last seen near the early‑2000s dot‑com crash, according to Trivariate Research. Adam Parker, the firm’s founder, said the only time it went lower was when it touched 1.09% during that bubble. Adam said dividend investors “haven’t had much to cheer about these days,” because megacap tech companies now dominate the index and barely return any cash to shareholders. Information technology stocks hold 35% of the entire S&P 500, and those giants have become the main force dragging the yield down. Adam noted that 56% of companies in the index pay a dividend, which he said is “not meaningfully different from the last 25 years.” He added that the problem is simple: “It is clearly the largest companies by market cap having low or no dividends that are driving this current regime.” He pointed to Nvidia, which yields 0.02%,...

https://www.cryptopolitan.com/sp-500-yield-falls-to-dot-com-1-2/