S&P 500 Buybacks & Dividends - Yardeni Research
-5 0 5 10 10/18 S&P 400 MIDCAP DIVISOR* (y/y percent change) 96 98 00 02 04 06 08 10 12 14 16 18 20 22 500 1000 1500 2000 2500 10/18 S&P 600 SMALLCAP DIVISOR* * Divisor is used to ensure that changes in shares outstanding, capital actions, and the addition or deletion of stocks to the index do not change the level of the index. ................
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