The Predictive Ability of Dividend and Earnings Yields for Long-Term Stocks Returns
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...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2000
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/797 |
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| Institution: | Singapore Management University |
| Language: | English |