S&P 500 Dividend Payers Underperform Non-Payers in August

In the month of August, the dividend paying stocks in the S&P 500 Index underperformed the non-payers on an average return basis. The payers returned 2.49% versus 3.81% for the non-payers. As noted in the table below, the payers underperformed the non-payers year to date as well. The payers are maintaining a slight performance edge over the last twelve months.

The higher quality Dividend Aristocrats are outperforming the S&P Index as outlined in my earlier post.

Source: Standard & Poor's

Comments

[whidbey:]

Growth stocks would still be in run-out from the growth expectations of traders, but in the longer run we know who wins this race, value. So why attempt to panic the value crowd by suggesting something is amiss? It does not behove you to engage in such things. Moreover the variables in the comparison will allow for just what you have shown to happen occasionally, If this become a trend we might get worried, but right now its is a value investors world and will become more so.

2008 Sep 03 01:10 PM