does the russell 1000 index pay a dividend 
as of may 31 2024 the dividend yield for the russell 1000 was 1 35 the index itself does not pay a dividend because it is only an index and is not investable investors who invest in any funds that track the index will receive dividends from the respective companies 1the bottom linethe russell 1000 is owned and operated by ftse russell based in the united kingdom the russell 1000 index is a subset of the larger russell 3000 index and represents the 1 000 top companies by market capitalization in the united states as of may 31 2024 the russell 1000 index comprised 93 of the total market capitalization of all listed stocks in the u s equity market 1