Heartland Advisors: Dividends: A Review of Historical Returns

[cannew]

Interesting read but talks only generalities like: "Over the full period, all portfolios of dividend payers outperformed the portfolio of non-dividend payers. Other features are important to highlight. Generally, higher dividend-yielding quintiles outperformed lower-yielding quintiles".

Nothing wrong with that, but for those seeking to develop a portfolio of DG stocks it would not provide much guidance.