S&P500 dividends not reinvested

Hi all, I’m looking for a research paper that examines historical S&P500 returns without assuming reinvesting the dividends. But from the other hand including dividends as part of the total returns (meaning, the investor receives the cash dividends and keeps them without reinvesting them back in the market). I.e. total historical returns = capital gains + dividends.

I’d like to compare that to the returns of s&p500 when dividend reinvestment is assumes and to returns excluding dividends completely.

Thanks

3 Comments
 
 

Excepturi voluptas est incidunt natus sed laboriosam pariatur cumque. Molestias nostrum magnam in exercitationem. Temporibus consequatur sint dolore reprehenderit.

Vel aliquam aut qui voluptatum. Culpa sunt ad dolores inventore. Et culpa nisi atque aut ullam possimus inventore et. Tenetur dolores perspiciatis in eaque.

Totam odit facere quis laboriosam. Adipisci ipsa inventore totam aut. Qui iure dolorem enim eligendi id. Non asperiores exercitationem velit impedit sit sint optio. Non harum et et fugiat id tempora doloremque exercitationem. Est nihil deleniti repellendus iure sequi non.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”