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S&P 500 Total Return (1998 - March 2018)

S&P 500 incl. dividends (reinvested)
(Total Return - LT-Chart)

The financial meltdown of 2007 and 2008 began with a liquidity crisis in August 2007. From the pre-crisis closing high on 13th July 2007, through the closing bottom on 9th March 2009, the...

S&P 500 (1998 - 9th March 2018)

...S&P 500 (excluding dividends) dropped ca. 55%. In the chart above you can see, what the S&P 500 Total Return (therefore here Dividends ARE included) has done since then.

link:
www.marketwatch.com/story/in-the-bull-market