S&P500 dividend payout volatility during recession

[One]

This was an interesting article and chart showing how much sp500 dividends change during recession. It's nice to know that the dividend dollar amount paid is somewhat protected during a recession.

https://www.simplysafedividends.com/intelligent-income/posts/1038-what-happens-to-dividends-during-recessions-and-bear-markets

[2sk22]

Indeed, having been a steady investor through three recessions, I have seen this first hand, Dividends did not decrease as much as I expected they might.

[vand]

Yep, dividend payouts have been much more stable than stock prices through the various market cycles.

That said, the S&P's current yield is currently indecently miserly at about 1.8%. The index could halve with payouts kept the same, and it would only yield 3.6%, a level that is still fairly miserly by historic standards. The dividend is a nice little extra each year that will have a significant result if reinvested over time, but it isn't going to do anything meaningful when the market is plunging in the teeth of the next recession.

here's a pretty good article on our FTSE100 which currently yields a 4.5%:
https://www.investorschronicle.co.uk/comment/2019/10/24/can-investors-bank-on-ftse-100-dividends/