S&P 500 Dividend Aristocrats- 2008

S&P Composite 1500 10 Years of Dividend Increases

S&P Monthly Dividend Action Report

Issue Indicated Dividend Rate Change

Yield and Return Summary
From December 1936 through March 31 2008 the average yield for the S&P 500 was 3.828% vs. 3.833% for December 2007. The current 12-month dividend yield is 2.14% vs. the 1.89% yield for December 2007. The yield is based on the cash dividends paid over the prior four quarters and the closing quarterly price.

From January 1926 through March 2008 the annualized total return for the S&P 500 was 10.27% per year vs. 10.43% for December 2007. The dividend component consists of 41.20% of the return vs. 40.59% for December 2007. The annualized return consists of both capital appreciation and dividends reinvested.