S&P 500 dividend yield hits record low near 1% and it has some retirees rethinking their strategies

The S&P 500 dividend yield reached approximately 1%, marking the lowest level on record according to market strategists. While dividend payments themselves have not declined, the yield has compressed because stock prices have risen significantly faster than payouts. The index surpassed 7,700 in early August, with the broadest index now heavily weighted toward large-cap technology companies that distribute little to no dividends.
Retirees accustomed to relying on dividend income face diminis