Does our 401k payout dividends? I have the s&p 400 Russell 2000 and the US Reit index fund. I never see any dividends. Please chime in and let me know if I'M missing something. I would really like to get the real value of compounding interest. It looks like if the stock market goes up then the 401k goes up and if the market is down the our 401k goes down.