Another Double-digit Pay Raise

There are now 421 issues paying a cash dividend in the S&P 500, the most since 423 in September 1998 (S&P 500 closed Sep,’98 at 1017).

It was 473 when I started at S&P in 1977, when Berkshire Hathaway broke $100 – yes the one that now sells for $191,415 and last paid a dividend in 1962 of $0.10.

This article was written by Howard Silverblatt, senior index analyst, S&P Dow Jones Indices.

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