01-15-2016, 09:43 AM
Here is yet another "professional" study confirming what members of this forum already know.
http://www.brandes.com/docs/default-sour...eturns.pdf
* Income provided a substantial part of long-term returns.
* Worldwide, stocks with the highest dividend returns had the highest total returns and the lowest volatility.
* For investors who focus primarily on their income stream, the volatility of the income from dividends was a small fraction of the volatility of stock prices.
http://www.brandes.com/docs/default-sour...eturns.pdf
* Income provided a substantial part of long-term returns.
* Worldwide, stocks with the highest dividend returns had the highest total returns and the lowest volatility.
* For investors who focus primarily on their income stream, the volatility of the income from dividends was a small fraction of the volatility of stock prices.