Hsu, Ai-Chi; Lin, Szu-Hsien - In: The International Journal of Business and Finance Research 4 (2010) 2, pp. 71-84
This study examines whether a high dividend yield is equivalent to a high return. For constructing a proposed portfolio, we use the panel data of listed companies’ dividends in six consecutive quarters, and other financial data to estimate expected current yields, which more conform to...