On Wednesday, shares of Blackstone Inc (BX) traded at a low of $128.99, providing a yield above 4% based on its quarterly dividend, which is annualized at $5.16. Blackstone, a constituent of the S&P 500, highlighted the importance of dividends, showcasing their impact on total market returns.
For context, an investment in the S&P 500 ETF (SPY) at the end of 1999, valued at $146.88, decreased to $142.41 by 2012, but dividends received during that period totaled $25.98 per share, resulting in a positive total return of 23.36%. This underlines the attractiveness of a sustainable yield above 4%.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
