BALTIMORE ( Stockpickr) -- How's your portfolio paying out right now? If Mr. Market's any indication, the answer should be better than ever.
Dividend stocks hit a major milestone this week: The cash payouts of the S&P 500 are officially higher than they've ever been befor,e according to research from S&P's Howard Silverblatt. Thanks to a slew of dividend hikes at banks in the last week, the broad market index pays out $29.02 per index share -- besting the 2008 record of $28.96.
And there's plenty of reason to believe that those dividend payouts could keep climbing.
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