Investors are missing out on billions of dollars thanks in part to some large-cap tech stocks.
If Alphabet, Amazon and Facebook (along with Berkshire Hathaway) paid shareholder dividends at the 2.37 percent average yield of other S&P 500 companies that do so, it would shake out another $32.2 billion for investors, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.
Those hypothetical payments would increase the S&P index’s overall yield by 7.6 percent, he said.
