The University of Southampton
University of Southampton Institutional Repository

Dividend yield investment strategies, the payout ratio and zero dividend stocks

Gwilym, Owain Ap, Seaton, James and Thomas, Stephen (2005) Dividend yield investment strategies, the payout ratio and zero dividend stocks Journal of Investing, 14, (4), pp. 69-74.

Record type: Article

Abstract

This study considers the application of both high- and zero-dividend strategies to the U.K. market. Following recent academic studies we conjecture that the payout ratio may provide a useful additional filter for portfolio construction and that zero-dividend stocks may also offer higher returns. These strategies do indeed outperform both the high-yield and index returns on an absolute basis but not when adjusted for risk and transaction costs.

Full text not available from this repository.

More information

Published date: 2005

Identifiers

Local EPrints ID: 37356
URI: http://eprints.soton.ac.uk/id/eprint/37356
ISSN: 1068-0896
PURE UUID: 8c5dfaf4-8fd2-4dd9-8e34-5a9ac971829a

Catalogue record

Date deposited: 23 May 2006
Last modified: 17 Jul 2017 15:42

Export record

Contributors

Author: Owain Ap Gwilym
Author: James Seaton
Author: Stephen Thomas

University divisions

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×