Date Value
Dec 31, 2025   80.42
Dec 31, 2024   78.30
Dec 31, 2023   75.68
Dec 31, 2022   74.46
Dec 31, 2021   71.53
Dec 31, 2020   73.88
Dec 31, 2019   74.84
Dec 31, 2018   70.64
Dec 31, 2017   65.54
Dec 31, 2016   62.51
Dec 31, 2015   60.57
Dec 31, 2014   55.47
Dec 31, 2013   49.58
Dec 31, 2012   44.94
Dec 31, 2011   38.67
Dec 31, 2010   34.24
Dec 31, 2009   34.26
Dec 31, 2008   44.59
Dec 31, 2007   43.60
Dec 31, 2006   40.72
Dec 31, 2005   37.28
Dec 31, 2004   33.74
Dec 31, 2003   31.15
Dec 31, 2002   29.34
Dec 31, 2001   29.41
Dec 31, 2000   30.88
Dec 31, 1999   32.75
Dec 31, 1998   32.63
Dec 31, 1997   31.73
Dec 31, 1996   31.02
Dec 31, 1995   29.66
Dec 31, 1994   29.05
Dec 31, 1993   28.48
Dec 31, 1992   28.82
Dec 31, 1991   29.22
Dec 31, 1990   29.83
Dec 31, 1989   28.95
Dec 31, 1988   26.72
Dec 31, 1987   25.21
Dec 31, 1986   24.74
Dec 31, 1985   23.87
Dec 31, 1984   23.61
Dec 31, 1983   23.11
Dec 31, 1982   23.24
Dec 31, 1981   23.29
Dec 31, 1980   23.57
Dec 31, 1979   24.32
Dec 31, 1978   24.73
Dec 31, 1977   24.83
Dec 31, 1976   22.98
Dec 31, 1975   21.90
Dec 31, 1974   22.90
Dec 31, 1973   24.16
Dec 31, 1972   24.47
Dec 31, 1971   24.67
Dec 31, 1970   26.05
Dec 31, 1969   27.68
Dec 31, 1968   28.56
Dec 31, 1967   28.44
Dec 31, 1966   28.81
Dec 31, 1965   28.24
Dec 31, 1964   26.46
Dec 31, 1963   24.37
Dec 31, 1962   23.14
Dec 31, 1961   22.23
Dec 31, 1960   21.61
Dec 31, 1959   20.55
Dec 31, 1958   20.00
Dec 31, 1957   20.81
Dec 31, 1956   20.82
Dec 31, 1955   20.21
Dec 31, 1954   19.05
Dec 31, 1953   17.80
Dec 31, 1952   17.44
Dec 31, 1951   17.57
Dec 31, 1950   19.42
Dec 31, 1949   15.95
Dec 31, 1948   12.74
Dec 31, 1947   11.85
Dec 31, 1946   10.90
Dec 31, 1945   11.97
Dec 31, 1944   11.87
Dec 31, 1943   11.58
Dec 31, 1942   11.53
Dec 31, 1941   15.13
Dec 31, 1940   15.69
Dec 31, 1939   14.62
Dec 31, 1938   12.03
Dec 31, 1937   18.35
Dec 31, 1936   16.98
Dec 31, 1935   11.25
Dec 31, 1934   11.09
Dec 31, 1933   11.01
Dec 31, 1932   12.60
Dec 31, 1931   18.55
Dec 31, 1930   20.10
Dec 31, 1929   18.62
Dec 31, 1928   16.41
Dec 31, 1927   14.70
Dec 31, 1926   12.87
Dec 31, 1925   11.07
Dec 31, 1924   10.50
Dec 31, 1923   10.12
Dec 31, 1922   9.97
Dec 31, 1921   8.78
Dec 31, 1920   8.68
Dec 31, 1919   9.26
Dec 31, 1918   11.41
Dec 31, 1917   16.63
Dec 31, 1916   15.94
Dec 31, 1915   13.79
Dec 31, 1914   13.73
Dec 31, 1913   15.85
Dec 31, 1912   16.34
Dec 31, 1911   17.17
Dec 31, 1910   16.81
Dec 31, 1909   14.54
Dec 31, 1908   14.61
Dec 31, 1907   16.60
Dec 31, 1906   14.77
Dec 31, 1905   12.87
Dec 31, 1904   12.09
Dec 31, 1903   14.29
Dec 31, 1902   12.73
Dec 31, 1901   13.23
Dec 31, 1900   13.02
Dec 31, 1899   8.78
Dec 31, 1898   9.77
Dec 31, 1897   8.92
Dec 31, 1896   8.92
Dec 31, 1895   9.28
Dec 31, 1894   10.55
Dec 31, 1893   11.73
Dec 31, 1892   10.41
Dec 31, 1891   9.66
Dec 31, 1890   9.20
Dec 31, 1889   9.31
Dec 31, 1888   9.17
Dec 31, 1887   9.97
Dec 31, 1886   9.31
Dec 31, 1885   9.69
Dec 31, 1884   12.36
Dec 31, 1883   11.81
Dec 31, 1882   10.58
Dec 31, 1881   10.38
Dec 31, 1880   9.03
Dec 31, 1879   6.81
Dec 31, 1878   7.27
Dec 31, 1877   6.60
Dec 31, 1876   9.22
Dec 31, 1875   9.06
Dec 31, 1874   9.47
Dec 31, 1873   8.95
Dec 31, 1872   7.66
Dec 31, 1871   6.79

12-month real dividend per share — inflation adjusted March, 2026 dollars.

Data courtesy Standard & Poor’s and Robert Shiller.