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Dividend Payouts Hit Record Despite Rocky Stretch in Markets

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#Dividend #Payouts #Hit #Report #Rocky #Stretch #Markets

Dividend payouts set one other report within the second quarter, a reassuring signal to traders who’ve flocked to regular, income-generating shares in the course of the market downturn this 12 months.

The businesses within the S&P 500 paid out a report $140.6 billion in dividends in the newest quarter, in accordance with S&P Dow Jones Indices. That’s up from $137.6 billion within the first three months of the 12 months and $123.4 billion in the identical quarter final 12 months.