Annual S&P 500 Net Buyback Payout Ratio Over the past decade, the buyback payout ratio in the S&P 500 has remained high and relatively steady, with buybacks serving as a primary way of delivering value to shareholders. Image: Goldman Sachs Global Investment Research
S&P 500 Dividend Payout Ratio Despite a high dividend payout ratio, the S&P 500 dividend yield is near historic lows at 1.3%. Image: Scotiabank GBM Portfolio Strategy
S&P 500 Payout Ratio The S&P 500 payout ratio has gradually declined over time, as S&P 500 companies turn to buybacks. Image: Goldman Sachs Global Investment Research
S&P 500 Cash Return Payout Ratios (% of Net Income) S&P 500 payout ratio is in secular decline, as S&P 500 companies shift to buybacks. Image: Goldman Sachs Global Investment Research
S&P 500 Payout Ratio Stock buybacks and dividends as a percentage of free cash flow are reaching dangerous levels. Image: MarketWatch