Investors are shifting focus from dividends to growth stocks like Nvidia and Palantir, as companies prioritize AI investments and share buybacks over dividend payouts. S&P 500 dividend yields are nearing all-time lows, reflecting a historical shift from high dividend yields to buybacks for higher EPS and stock prices. However, this trend could pose risks in a market downturn, as buybacks are discretionary and often occur at market tops. Despite the current market climate, some experts argue that dividends still matter for long-term investment health, providing stability and buffering against market volatility.

Read more at Yahoo Finance: Where have all the dividends gone?!