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Crypto Staking Rewards Surpass S&P 500 Dividends by 450%
According to Google Finance data, digital assets staking rewards has soard passed that of S&P 500 by a whopping 450%. The surge however, comes at a time when the S&P 500 has recorded its best first-quarter growth performance in five years, achieving a growth rate of 10.16% on March 31, 2024.
Crypto Staking Outperforms S&P 500 Dividends
Despite this strong growth for the first time in five years, the average dividend yield rate for the S&P 500 companies has decreased to 1.35%. The decline has brought the average dividend yield to its lowest level since the fourth quarter of 2021.
According to the Google Finance data, the 1.35% drop shows a difference of 0.23% from the all-time low of 1.1% which was recorded in the first quarter of 2000.
The difference in average dividend yields among the S&P 500 companies is also notable. Microsoft leads the pack with a dividend yield of 0.71%, foll
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