On a year to date basis ending August 31, 2012, the return of the dividend payers in the S&P 500 Index trails the return of the non payers. The average return of the payers equals 10.37% versus 12.70% for the non payers. For the 12-month period the payers average return totals 14.70% versus 10.01% for the non payers. On a weighted basis though, the S&P 500 Index return equals 18.00% versus the 14.70% for the payers. Apple's (AAPL) return for the eight and twelve month periods has contributed 2.11% and 2.32% respectively, to the indexes overall return for those time periods.
|From The Blog of HORAN Capital Advisors|
Data Source: Standard & Poor's