$10,000 IN THE S&P 500 IN 1960 GREW TO $7.58 MILLION WITH DIVIDENDS REINVESTED. WITHOUT THEM, IT GREW TO $1.14 MILLION
That's through the end of 2025, per Hartford Funds.
Since 1940, dividends have made up about a third of the S&P 500's total return.
In the 1970s, they made up 73% of it. In the 2010s, just 17%.
Reinvested dividends look small in any single year. Over decades, they've been the difference between a good result and a great one.