With the strong market rebound in February, the dividend payers in the S&P 500 Index have continued to lag their non-dividend counterparts. As the below table shows, the equal weighted return for the non-dividend payers outperformed the payers by 2.61 percentage points in February. On a year to date basis, two months, the non payers have outperformed the payers by a large 6.73 percentage points. With this large of an underperformance by the payers, it could an uphill battle for the payers to close this gap by year end.
|From The Blog of HORAN Capital Advisors|
Source: S&P Dow Jones Indices