For the month of November, Standard & Poor's reported that the dividend paying stocks in the S&P 500 Index outperformed the non paying stocks, -4.44% vs. -7.53%, respectively. As noted in the table below, the payers still lag the non payers on a year to date basis. For the 12-months ending November 2007, the payers did outperform the non payers, 3.39% vs. 1.78%, respectively.
(click on table for larger image)
Source: Standard & Poor's