The text discusses the performance of dividend-paying equities against inflation, highlighting the S&P 500's historical returns, the role of dividends, and the impact of inflation on different equity sectors.

Infact verdict: True (91/100).

The claims regarding the S&P 500's historical performance and the role of dividends are largely supported by available evidence. The S&P 500's annualized nominal return of approximately 10% from 1928 to 2025 is corroborated by multiple sources, including NYU Stern's dataset. Dividends contributing roughly 30% to the S&P 500's total return since 1960 is also supported by evidence. The claim about the S&P 500 dividend per share growth averaging 6.20% annually from 1995 to 2025 is consistent with the data showing variability but an average close to this figure. The historical returns of the S&P 500 during the 1970s are confirmed to be around 5.9% annually. Lastly, the claim that energy equities outperformed inflation 74% of the time between 1973 and 2025 is supported by evidence indicating the energy sector's strong performance during inflationary periods.