Title: Dividend Yield of Common Stocks on the New York Stock Exchange, Composite Index for United States Series ID: M1346BUSM156NNBR Source: National Bureau of Economic Research Release: NBER Macrohistory Database (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Percent Date Range: 1926-01-01 to 1969-02-01 Last Updated: 2012-08-20 8:19 AM CDT Notes: Series Is Presented Here As Two Variables--(1)--Original Data, 1871-1938 (2)--Original Data, 1926-1969. The Index For 1926-February 1957 Is Based On Daily Quotations For Ninety Stocks; The Index For March 1957-1969 Is Based On Daily Quotations For Five Hundred Stocks. Source: Standard And Poor'S, Data For 1926-1963: Trade And Security Statistics: Security Price Index Record, 1964 Edition. Data For 1964-1969: Current Statistics, Monthly Issues. This NBER data series m13046b appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html. NBER Indicator: m13046b DATE VALUE 1926-01-01 4.46 1926-02-01 4.51 1926-03-01 4.92 1926-04-01 5.17 1926-05-01 5.26 1926-06-01 5.24 1926-07-01 5.09 1926-08-01 4.92 1926-09-01 4.86 1926-10-01 4.97 1926-11-01 4.93 1926-12-01 4.94 1927-01-01 5.02 1927-02-01 5.01 1927-03-01 5.07 1927-04-01 4.97 1927-05-01 4.85 1927-06-01 4.97 1927-07-01 4.91 1927-08-01 4.68 1927-09-01 4.42 1927-10-01 4.47 1927-11-01 4.37 1927-12-01 4.32 1928-01-01 4.31 1928-02-01 4.39 1928-03-01 4.20 1928-04-01 4.05 1928-05-01 3.93 1928-06-01 4.13 1928-07-01 4.14 1928-08-01 4.01 1928-09-01 3.78 1928-10-01 3.72 1928-11-01 3.50 1928-12-01 3.60 1929-01-01 3.36 1929-02-01 3.38 1929-03-01 3.31 1929-04-01 3.35 1929-05-01 3.37 1929-06-01 3.38 1929-07-01 3.16 1929-08-01 3.01 1929-09-01 2.92 1929-10-01 3.33 1929-11-01 4.54 1929-12-01 4.48 1930-01-01 4.38 1930-02-01 4.14 1930-03-01 3.99 1930-04-01 3.78 1930-05-01 4.02 1930-06-01 4.50 1930-07-01 4.44 1930-08-01 4.42 1930-09-01 4.33 1930-10-01 5.05 1930-11-01 5.43 1930-12-01 5.62 1931-01-01 5.50 1931-02-01 5.12 1931-03-01 4.95 1931-04-01 5.43 1931-05-01 5.95 1931-06-01 5.96 1931-07-01 5.66 1931-08-01 5.74 1931-09-01 6.51 1931-10-01 7.28 1931-11-01 7.06 1931-12-01 8.68 1932-01-01 8.22 1932-02-01 8.04 1932-03-01 7.16 1932-04-01 9.13 1932-05-01 9.57 1932-06-01 10.30 1932-07-01 8.85 1932-08-01 5.65 1932-09-01 4.94 1932-10-01 5.73 1932-11-01 5.84 1932-12-01 5.68 1933-01-01 5.42 1933-02-01 6.04 1933-03-01 6.18 1933-04-01 5.47 1933-05-01 3.90 1933-06-01 3.20 1933-07-01 2.95 1933-08-01 3.19 1933-09-01 3.30 1933-10-01 3.59 1933-11-01 3.65 1933-12-01 3.59 1934-01-01 3.36 1934-02-01 3.10 1934-03-01 3.33 1934-04-01 3.25 1934-05-01 3.58 1934-06-01 3.55 1934-07-01 3.67 1934-08-01 4.00 1934-09-01 4.21 1934-10-01 4.22 1934-11-01 4.14 1934-12-01 4.25 1935-01-01 4.24 1935-02-01 4.24 1935-03-01 4.51 1935-04-01 4.35 1935-05-01 4.00 1935-06-01 3.82 1935-07-01 3.58 1935-08-01 3.48 1935-09-01 3.51 1935-10-01 3.50 1935-11-01 3.24 1935-12-01 3.38 1936-01-01 3.27 1936-02-01 3.14 1936-03-01 3.11 1936-04-01 3.19 1936-05-01 3.46 1936-06-01 3.51 1936-07-01 3.37 1936-08-01 3.40 1936-09-01 3.56 1936-10-01 3.41 1936-11-01 3.52 1936-12-01 4.36 1937-01-01 4.34 1937-02-01 3.83 1937-03-01 3.47 1937-04-01 3.74 1937-05-01 4.04 1937-06-01 4.41 1937-07-01 4.18 1937-08-01 4.23 1937-09-01 5.06 1937-10-01 6.01 1937-11-01 7.01 1937-12-01 7.94 1938-01-01 7.84 1938-02-01 7.52 1938-03-01 6.02 1938-04-01 5.84 1938-05-01 5.68 1938-06-01 5.40 1938-07-01 4.35 1938-08-01 4.26 1938-09-01 4.30 1938-10-01 3.77 1938-11-01 3.59 1938-12-01 3.58 1939-01-01 3.49 1939-02-01 3.61 1939-03-01 3.69 1939-04-01 4.23 1939-05-01 4.25 1939-06-01 4.33 1939-07-01 4.26 1939-08-01 4.33 1939-09-01 3.91 1939-10-01 3.87 1939-11-01 4.12 1939-12-01 4.54 1940-01-01 4.58 1940-02-01 4.65 1940-03-01 4.70 1940-04-01 4.73 1940-05-01 5.69 1940-06-01 6.31 1940-07-01 6.08 1940-08-01 6.11 1940-09-01 5.95 1940-10-01 5.92 1940-11-01 5.98 1940-12-01 6.37 1941-01-01 6.38 1941-02-01 6.61 1941-03-01 6.52 1941-04-01 6.77 1941-05-01 6.91 1941-06-01 6.79 1941-07-01 6.43 1941-08-01 6.51 1941-09-01 6.56 1941-10-01 6.90 1941-11-01 7.37 1941-12-01 8.13 1942-01-01 7.88 1942-02-01 8.05 1942-03-01 8.15 1942-04-01 8.47 1942-05-01 8.21 1942-06-01 7.37 1942-07-01 7.07 1942-08-01 6.98 1942-09-01 6.67 1942-10-01 6.18 1942-11-01 6.00 1942-12-01 5.84 1943-01-01 5.54 1943-02-01 5.21 1943-03-01 5.04 1943-04-01 4.86 1943-05-01 4.69 1943-06-01 4.64 1943-07-01 4.57 1943-08-01 4.78 1943-09-01 4.79 1943-10-01 4.84 1943-11-01 5.07 1943-12-01 5.07 1944-01-01 4.95 1944-02-01 4.99 1944-03-01 4.88 1944-04-01 4.97 1944-05-01 4.99 1944-06-01 4.81 1944-07-01 4.68 1944-08-01 4.77 1944-09-01 4.91 1944-10-01 4.75 1944-11-01 4.82 1944-12-01 4.77 1945-01-01 4.60 1945-02-01 4.43 1945-03-01 4.48 1945-04-01 4.36 1945-05-01 4.21 1945-06-01 4.12 1945-07-01 4.21 1945-08-01 4.27 1945-09-01 4.01 1945-10-01 3.85 1945-11-01 3.73 1945-12-01 3.71 1946-01-01 3.56 1946-02-01 3.62 1946-03-01 3.72 1946-04-01 3.51 1946-05-01 3.48 1946-06-01 3.53 1946-07-01 3.62 1946-08-01 3.65 1946-09-01 4.21 1946-10-01 4.33 1946-11-01 4.50 1946-12-01 4.47 1947-01-01 4.49 1947-02-01 4.38 1947-03-01 4.61 1947-04-01 4.75 1947-05-01 5.05 1947-06-01 5.03 1947-07-01 4.81 1947-08-01 4.97 1947-09-01 5.16 1947-10-01 5.10 1947-11-01 5.24 1947-12-01 5.55 1948-01-01 5.71 1948-02-01 6.01 1948-03-01 5.90 1948-04-01 5.50 1948-05-01 5.32 1948-06-01 5.02 1948-07-01 4.96 1948-08-01 5.17 1948-09-01 5.29 1948-10-01 5.29 1948-11-01 6.09 1948-12-01 6.24 1949-01-01 6.20 1949-02-01 6.54 1949-03-01 6.57 1949-04-01 6.65 1949-05-01 6.72 1949-06-01 7.09 1949-07-01 6.73 1949-08-01 6.54 1949-09-01 6.36 1949-10-01 6.26 1949-11-01 6.61 1949-12-01 6.75 1950-01-01 6.65 1950-02-01 6.62 1950-03-01 6.53 1950-04-01 6.36 1950-05-01 6.16 1950-06-01 6.12 1950-07-01 6.63 1950-08-01 6.54 1950-09-01 6.65 1950-10-01 6.39 1950-11-01 6.97 1950-12-01 7.24 1951-01-01 6.34 1951-02-01 6.20 1951-03-01 6.34 1951-04-01 6.27 1951-05-01 6.23 1951-06-01 6.30 1951-07-01 6.25 1951-08-01 5.96 1951-09-01 5.75 1951-10-01 5.77 1951-11-01 6.18 1951-12-01 5.99 1952-01-01 5.82 1952-02-01 5.99 1952-03-01 5.94 1952-04-01 5.96 1952-05-01 5.99 1952-06-01 5.83 1952-07-01 5.65 1952-08-01 5.66 1952-09-01 5.74 1952-10-01 5.89 1952-11-01 5.69 1952-12-01 5.47 1953-01-01 5.45 1953-02-01 5.52 1953-03-01 5.48 1953-04-01 5.75 1953-05-01 5.77 1953-06-01 5.99 1953-07-01 5.90 1953-08-01 5.87 1953-09-01 6.14 1953-10-01 5.99 1953-11-01 5.92 1953-12-01 5.83 1954-01-01 5.69 1954-02-01 5.62 1954-03-01 5.46 1954-04-01 5.24 1954-05-01 5.02 1954-06-01 4.99 1954-07-01 4.77 1954-08-01 4.63 1954-09-01 4.57 1954-10-01 4.43 1954-11-01 4.52 1954-12-01 4.45 1955-01-01 4.38 1955-02-01 4.32 1955-03-01 4.33 1955-04-01 4.19 1955-05-01 4.23 1955-06-01 4.01 1955-07-01 3.72 1955-08-01 3.87 1955-09-01 3.72 1955-10-01 3.94 1955-11-01 4.05 1955-12-01 4.15 1956-01-01 4.24 1956-02-01 4.24 1956-03-01 3.97 1956-04-01 3.94 1956-05-01 4.09 1956-06-01 4.09 1956-07-01 3.89 1956-08-01 3.92 1956-09-01 4.07 1956-10-01 4.12 1956-11-01 4.27 1956-12-01 4.24 1957-01-01 4.31 1957-02-01 4.54 1957-03-01 4.47 1957-04-01 4.36 1957-05-01 4.18 1957-06-01 4.04 1957-07-01 3.95 1957-08-01 4.17 1957-09-01 4.31 1957-10-01 4.54 1957-11-01 4.67 1957-12-01 4.64 1958-01-01 4.48 1958-02-01 4.47 1958-03-01 4.37 1958-04-01 4.33 1958-05-01 4.19 1958-06-01 4.08 1958-07-01 3.98 1958-08-01 3.78 1958-09-01 3.69 1958-10-01 3.54 1958-11-01 3.42 1958-12-01 3.33 1959-01-01 3.24 1959-02-01 3.32 1959-03-01 3.25 1959-04-01 3.26 1959-05-01 3.21 1959-06-01 3.23 1959-07-01 3.11 1959-08-01 3.14 1959-09-01 3.26 1959-10-01 3.26 1959-11-01 3.24 1959-12-01 3.18 1960-01-01 3.27 1960-02-01 3.44 1960-03-01 3.51 1960-04-01 3.47 1960-05-01 3.51 1960-06-01 3.40 1960-07-01 3.49 1960-08-01 3.43 1960-09-01 3.55 1960-10-01 3.60 1960-11-01 3.51 1960-12-01 3.41 1961-01-01 3.28 1961-02-01 3.13 1961-03-01 3.03 1961-04-01 2.95 1961-05-01 2.92 1961-06-01 2.99 1961-07-01 3.00 1961-08-01 2.91 1961-09-01 2.93 1961-10-01 2.91 1961-11-01 2.84 1961-12-01 2.85 1962-01-01 2.97 1962-02-01 2.95 1962-03-01 2.95 1962-04-01 3.05 1962-05-01 3.32 1962-06-01 3.78 1962-07-01 3.68 1962-08-01 3.57 1962-09-01 3.60 1962-10-01 3.71 1962-11-01 3.50 1962-12-01 3.40 1963-01-01 3.31 1963-02-01 3.27 1963-03-01 3.28 1963-04-01 3.15 1963-05-01 3.13 1963-06-01 3.16 1963-07-01 3.20 1963-08-01 3.13 1963-09-01 3.06 1963-10-01 3.05 1963-11-01 3.14 1963-12-01 3.13 1964-01-01 3.05 1964-02-01 3.05 1964-03-01 3.03 1964-04-01 3.00 1964-05-01 3.01 1964-06-01 3.05 1964-07-01 2.96 1964-08-01 3.03 1964-09-01 3.00 1964-10-01 2.95 1964-11-01 2.96 1964-12-01 3.05 1965-01-01 2.99 1965-02-01 2.99 1965-03-01 2.99 1965-04-01 2.95 1965-05-01 2.92 1965-06-01 3.07 1965-07-01 3.09 1965-08-01 3.06 1965-09-01 2.98 1965-10-01 2.91 1965-11-01 2.96 1965-12-01 3.05 1966-01-01 3.02 1966-02-01 3.06 1966-03-01 3.23 1966-04-01 3.15 1966-05-01 3.30 1966-06-01 3.36 1966-07-01 3.37 1966-08-01 3.60 1966-09-01 3.75 1966-10-01 3.76 1966-11-01 3.66 1966-12-01 3.59 1967-01-01 3.51 1967-02-01 3.36 1967-03-01 3.29 1967-04-01 3.24 1967-05-01 3.19 1967-06-01 3.19 1967-07-01 3.15 1967-08-01 3.11 1967-09-01 3.07 1967-10-01 3.07 1967-11-01 3.18 1967-12-01 3.09 1968-01-01 3.13 1968-02-01 3.28 1968-03-01 3.34 1968-04-01 3.12 1968-05-01 3.07 1968-06-01 3.00 1968-07-01 3.00 1968-08-01 3.09 1968-09-01 3.01 1968-10-01 2.94 1968-11-01 2.92 1968-12-01 2.93 1969-01-01 3.06 1969-02-01 3.10