I wonder if the dividend yield will hold up as the market climbs (assuming the economy will continue to recover) thanks to GW's dividend tax rate cut. There seems to be quite a few S&P 500 companies increasing their dividends. I'm not a big fan of GW, but I do think his dividend tax rate cut was a good idea.

QUARTER PRICE YIELD



09/30/2002 1.67%
06/30/2003 1.66%
03/31/2003 1.91%
12/31/2002 1.83%
09/30/2002 1.94%
06/30/2002 1.62%
03/31/2002 1.37%
12/31/2001 1.37%
09/30/2001 1.51%
06/30/2001 1.28%
03/31/2001 1.38%
12/31/2000 1.23%
09/30/2000 1.14%
06/30/2000 1.15%
03/31/2000 1.12%
12/31/1999 1.14%
09/30/1999 1.30%
06/30/1999 1.20%
03/31/1999 1.28%

Gup