Stock Market 2018: S&P 500 Companies Return $1 Trillion To Shareholders In Tax-Cut Surge
May 27, 2018
SAN FRANCISCO – S&P 500 companies have returned a record $1 trillion to shareholders over the past year, helped by a recent surge in dividends and stock buybacks following sweeping corporate tax cuts introduced by Republicans, a report on Friday showed.
In the 12 months through March, S&P 500 companies paid out $428 billion in dividends and bought up $573 billion of their own shares, according to S&P Dow Jones Indices analyst Howard Silverblatt.