The S&P 500 Index’s ($SPX) dividend yield has plummeted to levels last seen during the late 1990s, prompting comparisons between the dot-com bubble and the feared artificial intelligence (AI) bubble. Meanwhile, the dividend yield of the world's most popular index has fallen because dividends haven’t kept pace with the rapid rise in stock prices. However, we see the opposite in many stocks, whose dividend yields have actually spiked this year. For instance, sneaker giant Nike (NKE) currently boasts a dividend yield of 2.4%, which is comfortably twice what its average S&P 500 Index peer pays.
