2014 was a record year for shareholders of S&P 500 stocks. Companies in the S&P 500
paid out a record $350.4 billion in dividends during the year. The total dividends paid equals the GDP of South Africa. Share buybacks are expected to reach about $550 billion, the largest value since 2007. So, for 2014, the total payouts to shareholders are expected to be just under $900 billion, topping the $846 billion paid in 2007.