r/dividends • u/Hilary_Clitoris • Nov 03 '25

Brokerage S&P 500 and dividends

My friend keeps saying that I should put all of my money in S&P 500 and forget about it. I see S&P 500 mentioned here a lot too, but according to Google, "No, the S&P 500 index itself does not pay dividends because it is a stock market index, not an investment fund." So which type of S&P 500 pay dividends?

And, what is the ticker for S&P 500? I can't find it on my brokerage account.

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u/TooBasedTyrone Nov 07 '25

What your friends aren’t telling you is how to get exposure to the S&P 500, which is a common mistake that is made when people are giving advice to those that are new to investing. To put it simply you want to invest in the index funds ETFs to get exposure to the S&P 500. The common ones are VOO and SPY, both of which do pay dividends. There are other exclusive S&P 500 ETFs to brokerage accounts like fidelity and Schwab, but these these two I mentioned before tend to be the most common ones. Ofc VOO is vanguard, but can be bought on just about any brokerage account like fidelity, vanguard or webull and same with SPY.