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S&P 500 Returned a Record $1.26 Trillion in 2018 as Buybacks Topped $806 Billion

Martin Baccardax

U.S.-listed stocks returned more than $1.2 trillion to investors last year, according to data published Monday by S&P Dow Jones Indices, with companies buying back a record $806.4 billion in shares thanks in part to a corporate tax windfall and a sharp market pullback in the final three months of the year. Total S&P 500 shareholder returns hit a record $1.263 trillion, S&P Dow Jones Indices said, up nearly 35% from the 2017 tally. Dividend payments over the fourth quarter rose to a record $119.8 billion, the group said, up 3.5% from the three months ending in October.