On Thursday, shares of Upbound Group Inc (Symbol: UPBD) yielded over 6% based on a quarterly dividend of $1.56, with stock prices dipping as low as $25.78. This positions Upbound Group as a significant player among the Russell 3000, highlighting its importance in the U.S. stock market.
Historically, dividends have contributed significantly to overall stock market returns. For instance, an investment in the iShares Russell 3000 ETF (IWV) since May 31, 2000, shows a nominal decline in share price over 12 years, but included dividends totaling $10.77 per share, resulting in a total return of 13.15%.
