The Predictive Ability of Dividend and Earnings Yields for Long-Term Stocks Returns

• المؤلفون الرئيسيون: WU, Chunchi, Wang, X.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2000
• الموضوعات: Business
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/797
• المؤسسة: Singapore Management University

This study uses empirical models to examine the predictive ability of dividend and earnings yields for long-term stock returns. Results show that dividend and earnings yields share a similar predictive power for future stock returns and growth. It finds that the predictive power of dividend yields i...