Where should advisors look for dividends in the stock market? The traditional answer has been the utilities sector, but that isn't suitable for all clients.
Here's a closer look at what S&P 500 sectors yield, how dividends have been growing (or shrinking) in relation to the overall market, and what percentage of stocks in the sector provide a dividend. For comparison, at the end of 2014, the S&P 500 yielded 2% and 84% of its stocks paid a dividend.
The easiest way to buy sectors of the S&P 500 is through the Select Sector SPDRs ETFs. Note, however, that while there are 10 sectors, but only nine ETFs in the set. The reason: At six stocks, the telecommunications services sector is too small to be a portfolio unto itself; it was merged with the IT sector to form the Technology Select Sector SPDR (XLK).
Page through the slides to see a statistical array of dividend information about each of the 10 sectors of the S&P 500, along with some factors to consider when evaluating these investments -- or click here
to see the content as a single-page document. -- Joseph LisantiAll data from S&P Dow Jones Indices; data is as of Dec. 31, 2014.Read more: 10 Highest-Yielding S&P 500 Stocks